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The Latin American Free Trade Agreement (LAFTA) passed in 1961 to promote free trade in Latin America.  It was replaced in 1981 by the Latin American Integration Association. It helps Latin American countries develop economic independence from foreign powers.
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The '''Latin American Free Trade Agreement''' (LAFTA) passed in 1961 to promote free trade in Latin America.  It was replaced in 1981 by the Latin American Integration Association. It helps Latin American countries develop economic independence from foreign powers.
    
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