Mercosur: implications for growth in member countries

Michelle P. Connolly and Jenessa Gunther

Current Issues in Economics and Finance, 1999, vol. 5, issue May

Abstract: The South American customs union known as Mercosur has contributed significantly to regional trade liberalization. But by encouraging trade within the group at the expense of trade with nonmembers, Mercosur may limit member countries' access to high-technology imports, an important stimulus to growth.

Keywords: Latin America; Imports; International trade; Technology (search for similar items in EconPapers)
Date: 1999
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