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SCHUSCHNY Andrés Ricardo

Quantitative assessment of a free trade agreement between MERCOSUR and the European Union

Publisher: 
ECLAC
City: 
Santiago
Volume, number, page: 
74 p.
Considered Countries: 
Abstract: 
The main purpose of this paper is to analyse the direct and indirect impacts of an FTA (free trade agreement) between MERCOSUR and the
EU (European Union). MERCOSUR is a regional trade agreement between Brazil, Argentina, Paraguay and Uruguay, created in 1991. Venezuela signed a membership agreement in 2006, but it has not yet been ratified by the Brazilian and Paraguayan parliaments. In our study, we consider that Venezuela is not part of MERCOSUR. The aim of this regional treaty is to support free trade and the free movement of goods, people and currency. By European Union, we mean the 27 countries which are linked by their belonging to the European Communities
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