With regards to the various agreements/treaties discussed, EU, WTO, NAFTA, CARICOM, APEC, MERCOSUR and ASEAN: • Discuss any pending applications, candidate countries, or associate members. • What are the advantages/implications for trade within the trading group and for the United States? • Determine the GDP and GNP of those pending countries. • Based upon your assessment, do you think these countries should become full members of the FTAs they have applied to? Why, or why not?