Mercosur: implications for growth in member countries
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.
Volume (Year): 5 (1999)
Issue (Month): May ()
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- Winters, L. Alan, 1996.
"Regionalism versus multilateralism,"
Policy Research Working Paper Series
1687, The World Bank.
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