Economists are trained to think about trade policy reform in terms of changes in the levels of tariffs and quantitative restrictions and the shifts in relative prices brought about by these alterations.

The Uruguayan economy is recovering from the 2002 financial crisis that disrupted its banking system, caused a collapse of its currency and seriously affected its fiscal solvency. The crisis was clearly associated with the collapse of the Argentine economy and its concomitant currency, banking...

The Uruguayan economy is recovering from the 2002 financial crisis that disrupted its banking system, caused a collapse of its currency and seriously affected its fiscal solvency. The crisis was clearly associated with the collapse of the Argentine economy and its concomitant currency, banking...

Economists are trained to think about trade policy reform in terms of changes in the levels of tariffs and quantitative restrictions and the shifts in relative prices brought about by these alterations.