Newland, Carlos; Ortiz, Javier - In: Latin American Journal of Economics-formerly Cuadernos … 38 (2001) 115, pp. 275-290
After de facto Independence from Spain in 1810 the economy of Buenos Aires enjoyed a dramatic improvement in its terms of trade, in the order of 400%. The removal of mercantilistic restrictions imposed by Spain as well as the reduction in transport costs
