Though a controversial topic, the Central American Free-Trade Agreement, or CAFTA recently passed. Some think that this will bring trade opportunities to Costa Rica, where others think that this will do a great deal of damage to the country. There are people such as Epsy Campbell who are highly opposed to it, but she’s right in noting that a lot of large Costa Rican companies who are already wealthy will benefit from this, where the medium and smaller sized companies will be cut out, or forced to switch products to grow. Whether these companies will have the money to fit into this forced change, seems obvious in saying, most of them will not. Now it will take a few months to go into effect, but I am curious to see when we go to Costa Rica if any significant change is occurring already.Wednesday, March 24, 2010
CAFTA
Emily, 16
Though a controversial topic, the Central American Free-Trade Agreement, or CAFTA recently passed. Some think that this will bring trade opportunities to Costa Rica, where others think that this will do a great deal of damage to the country. There are people such as Epsy Campbell who are highly opposed to it, but she’s right in noting that a lot of large Costa Rican companies who are already wealthy will benefit from this, where the medium and smaller sized companies will be cut out, or forced to switch products to grow. Whether these companies will have the money to fit into this forced change, seems obvious in saying, most of them will not. Now it will take a few months to go into effect, but I am curious to see when we go to Costa Rica if any significant change is occurring already.
Though a controversial topic, the Central American Free-Trade Agreement, or CAFTA recently passed. Some think that this will bring trade opportunities to Costa Rica, where others think that this will do a great deal of damage to the country. There are people such as Epsy Campbell who are highly opposed to it, but she’s right in noting that a lot of large Costa Rican companies who are already wealthy will benefit from this, where the medium and smaller sized companies will be cut out, or forced to switch products to grow. Whether these companies will have the money to fit into this forced change, seems obvious in saying, most of them will not. Now it will take a few months to go into effect, but I am curious to see when we go to Costa Rica if any significant change is occurring already.
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