GTAP Resources: Resource Display
| GTAP Resource #6403 |
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"Impact assessment of the EU-Mercosur Association Agreement on the US economy" by Suarez-Cuesta, David and Maria Latorre Abstract On 2019, the European Union (EU) became the first major partner to sign a trade agreement with Mercosur (Argentina, Brazil, Paraguay, and Uruguay). In terms of dimension of the agreement, this is the biggest trade deal signed for both regions. The agreement covers a population of 780 million citizens and almost a quarter of the world’s GDP (23,5%). Related to trade, the deal addresses a progressive elimination of barriers to trade in the EU over 92% of the imports coming from Mercosur within a maximum period of 10 years. Concerning Mercosur, the region will implement a tariff relief in the 91% of the imports coming from the EU in a maximum period of 15 years. In this paper, we evaluate the EU-Mercosur trade agreement and its impact on the US. |
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- Multilateral trade negotiations - Non-Tariff barriers - Non-Tariff measures in services - Trade in services - European Union - North America - South America |
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Public Access  Paper (832.2 KB) Replicated: 0 time(s) Presentation (1.0 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
