Mercosur: implications for growth in member countries

Connolly, Michelle P.; Gunther, Jenessa

Journal Article

Mercosur: implications for growth in member countries

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;