For Costa Rica, the Dominican Republic-Central America free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade as a core development strategy for decades. CAFTA-DR consolidated benefits that had previously been unilaterally extended under the Caribbean Basin Initiative into a multilateral free trade agreement, providing a more stable environment for trade relationships. Beyond just being a trade agreement, CAFTA-DR opened up state monopolies in telecommunications and insurance, which polarized the...
For Costa Rica, the Dominican Republic-Central America free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade...