KING: E-mail from Mrs. Gonzalez in Elizabeth, New Jersey. "Mr. Fox, I would like to know how you feel about the possibility of having a Latin America united with one currency?"
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FOX: Long term, very long term. What we propose together, President Bush and myself, it's ALCA, which is a trade union for all of the Americas. And everything was running fluently until Hugo Chavez came. He decided to isolate himself. He decided to combat the idea and destroy the idea...
KING: It's going to be like the euro dollar, you mean?
FOX: Well, that would be long, long term. I think the processes to go, first step into is trading agreement. And then further on, a new vision, like we are trying to do with NAFTA.
In a recent appearance on The Daily Show With John Stewart, Fox also expressed his desire for a North American Union based on the model of the European Union.
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