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MERCOSUR’s Labyrinth and World Regionalism

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Author Info
Julio J. Nogues (Universidad Di Tella)

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Abstract

Regional trade agreements are more likely to produce negative effects on nonmembers the larger and the more protected they are. Because MERCOSUR countries are efficient producers of the most protected products in the world –agricultural and agro-industrial products-, these countries suffer particularly from other countries regional agreements. Finally, these costs are likely to increase with the number of regional agreements in which they are not members. The arguments and estimates presented in this paper support these assertions.

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Publisher Info
Paper provided by EconWPA in its series International Trade with number 0502004.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 9 pages
Date of creation: 08 Feb 2005
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Handle: RePEc:wpa:wuwpit:0502004

Note: Type of Document - doc; pages: 9
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Web page: http://129.3.20.41

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Related research
Keywords: Mercosur; Trade diversion; Agricultural protection;

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Find related papers by JEL classification:
F1 - International Economics - - Trade
F2 - International Economics - - International Factor Movements and International Business

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Tamim Bayoumi & Barry J. Eichengreen, 1995. "Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA," IMF Working Papers 95/109, International Monetary Fund.
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