Original sentence: ) on poor, vulnerable countries that are not in a position to demand otherwise.Additionally, many argue that this "race to the bottom" will not only negatively influence wages and taxes, but environmental and labour standards as well.Also, many find the prospect private corporations being able to sue sovereign governments distasteful and dangerous.Also, many take issue with the negotiation process, as well as the proposed means of enforcing the agreement.Besides a widespread aggregate increase in wealth, they stress the democratizing effects of free and transparent capitalism, as well as the internationalist nature of such agreements.It would encompass every country in the western hemisphere except communist Cuba.Many argue that any increase in investment and opportunity within the trade area will be outweighed by a "race to the bottom" in terms of costs, forcing down wages and public spending in all the countries involved.Not only will this not improve the lot of those in the poor countries, but many low-skill jobs in richer countries will disappear.Opponents of the agreement, however, have made a number of arguments against it.Proponents of the FTAA argue that, as with free trade in general, its benefits flow to both rich and poor.See also: trade, international trade, Trade bloc.The FTAA process, some argue, is nothing but an attempt by the United States to force its views and priorities (regarding such issues as intellectual property, agricultural trade and protectionism, etc.The Free Trade Area of the Americas (FTAA) is intended as a successor to the North American Free Trade Agreement and is still under negotiation
Edited sentence: Corporate freedom to sue governments and weaken local, state and national laws that stand in the way of profits.Corporate reductions of wages, environmental standards and economic insecurity.Privatization of essential public services like water, education, and health care.Some additional points about the FTAA:.The Free Trade Area of the Americas is intended as a successor to the North American Free Trade Agreement and is still under negotiation.The current drafts would require, among other things, that member countries to subscribe to a large collection of intellectual property agreements.see also trade, international trade, Trade bloc