English, Article edition: Regional Trade Agreements for Mercosur: a Comparison Between the FTAA and the FTA with the European Union Josefina Monteagudo; Masakazu Watanuki

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Regional Trade Agreements for Mercosur: a Comparison Between the FTAA and the FTA with the European Union
Author
  • Josefina Monteagudo
  • Masakazu Watanuki
Physical Description
  • article
Notes
  • This paper analyzes the impact on Mercosur of a free trade area in the Americas (FTAA) and a free trade area with the EU. The results show that trade liberalization generates substantial economic gains for Mercosur, although the FTAA option is slightly inferior to that of the FTA with the EU. Hemispheric integration stimulates export specialization in manufacturing industries relative to primary sector industries.
  • CGE Models; Trade Related Externalities; Regional Integration; Scale Economies
  • RePEc:cii:cepiei:2003-2q-3qc
Language
  • English
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