Union of South American Nations

Discussion in 'Business & Economics' started by TruthSeeker, Oct 21, 2007.

  1. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

    Messages:
    15,162
    Will the Union of South American Nations combine the powers of those nations to a point which they will become a lot more competitive in the global market? Take for instance the following points taken from wikipedia:

    "- Has a GDP at current currency exchange rate of 1,917.8 billion dollars as estimated by the IMF in 2006. Due to robust currencies and economies, it is up from 1,506.8 billion in 2005 (World Bank). See List of countries by GDP (nominal).
    - Its population of 361 million people.
    - Covers an area of over 17 million square kilometers, larger than the largest country, Russia
    - The export earnings amount to 181 billion 856 million dollars
    - Possesses 27% of the world's freshwater sources
    - Has eight million square kilometers of forested land and is surrounded by two oceans
    - Is the world's foremost food producer and exporter
    - Its stock of hydrocarbon resources will last 100 years
    - Some 95 percent of its inhabitants share a single religion
    - The great majority of its inhabitants speak one of two world languages (Spanish & Portuguese)
    - Has a common history and shared values "
    http://en.wikipedia.org/wiki/Union_of_South_American_Nations


    The Union is set to have a single currency by 2019.

    Do you think the Union will benefit the countries or will it make the situation worse?
     
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  3. superstring01 Moderator

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    What will their currency be? The Sudamero?

    ~String
     
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  5. October Registered Member

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    We are talking about the continent America. South America is independant from The United States of America. It's just a bit confusing. Same story for Canada. Maybe a good thing to keep the difference in most ways, but to help eachother tradeable.
     
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  7. S.A.M. uniquely dreadful Valued Senior Member

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    Excellent. I wish the SE Asian countries would move their butts and get on with it. :bugeye:
     
  8. October Registered Member

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    56
    Don't Mind SAM. She's just chicken of Moderation.
     
  9. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    15,162
    What is so confusing? Anyone who knows anything about geography would know that South America and Canada are NOT part of the US... No offense, but only a dumb american would think otherwise...

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