This paper analyzes the trends and fluctuations of the price and real indexes of Brazilian and Argentine exports and imports in 1980-2002. The analysis uses quarterly data and obtains the trend and fluctuations by applying either the Hodrick-Prescott or the band-pass filter (with periodicity...

This paper presents the correlation between the annual fluctuations of the terms of trade of Brazil, Argentina, Uruguay and Paraguay. The period under analysis is 1980-2001 and the main findings are that the four countries have a high to moderate synchronization of their export prices, a...