Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=53281#.VLxuWcnQrzE Author(s) Ernesto Rangel , Angel Licona Affiliation(s) Pacific Basin Studies Center, APEC Study Center of University of Colima, Colima, México . ABSTRACT The Pacific Alliance (PA) was constituted on April 28, 2011 by Mexico, Colombia, Chile and Peru. It represents a market of 209 million people with a GDP of over 2 billion USD. It has more than 35 percent of GDP in Latin America and concentrates 50 percent of Latin American exports to the world. PA as regional integration instance that moves progressively to the openness of the movement of goods, services and investments and, shows even more the importance of the Asia Pacific region, whose economic dynamics and competitiveness achieved in the XXI century, presents a greater challenge to Latin American economies. With the integration process that keeps the four countries of the PA, it i...
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