“…More concretely, international competition could overwhelm and destroy the inefficient and reactionary "national" industry sectors, as Chile and then Mexico had demonstrated. A regional free trade alliance would also focus national policy debates on the next stage of reforms required to achieve international competitiveness, including further market liberalization, effective regulation and competition policies, and modern infrastructure in, for example, telecommunications, energy, and transportation (Salazar-Xirinachs and Tavares de Araujo, 1999). As the antiglobalization backlash has gained momentum in some countries, this search for international leverage becomes all the more salient.…”