Would you like Latin America, or at least regions within Latin America, to form something similar to the European Union?

A common market, with the free movement of goods, capital, services, and labor across borders, and free movement for citizens between countries. In addition, how would you feel about a single currency, or a mutual defense pact and joint military training? I believe are or has been a few transnational organizations, but nothing as far reaching as the European Union. Greater integration seems like a way to help economic growth and strengthen the position of Latin America on the international stage.