Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90655
Authors: 
Laird, Sam
Year of Publication: 
1997
Series/Report no.: 
WTO Staff Working Paper TPRD-97-02
Abstract: 
MERCOSUR is one of the most important examples of renewed world-wide interest in regional trade agreements. It may be seen as a consolidation of unilateral reforms undertaken in conjunction with major macroeconomic adjustments. The paper reviews the objectives of MERCOSUR and assesses its achievements. It concludes that considerable progress has been made to achieving a customs union and even beyond that towards a common (but not EU-style single) market, but there are a number of areas where progress is still to be made.
Subjects: 
Customs union
MERCOSUR
tariffs
non-tariff measures
JEL: 
F15
Document Type: 
Working Paper

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