by Marcelo Olarreaga, Isidro Soloaga, L. Alan Winters ยท 1999
ISBN: Unavailable
Category: Unavailable
Page count: 41
"Most researchers focus on the political economy (interest group pressures) approach to analyzing why customs unions are formed, but terms-of-trade effects were also important in formation of the common market of the Southern Cone (Mercosur). Terms-of-trade externalities among Mercosur's members have been internalized in the common external tariff--Cover.