You are a world-renowned economist hired by Ecuador's government to advise it on its current involvement with

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You are a world-renowned economist hired by Ecuador's government to advise it on its current involvement with the Andean Community. The Andean Community is a customs union that consists of four nations in South America: Bolivia, Colombia, Ecuador, and Peru. Member nations are permitted free access to one another's markets, with nonmember nations required to negotiate tariffs with community members. Because Ecuador recently adopted the U.S. dollar as its currency, some believe the other Andean members are perhaps holding Ecuador back from more rapid development. As the consultant, what pros and cons do you present to the Ecuadorian government for breaking free from the Andean Community?
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