This paper assesses the impacts of the Mercosul Preferential Trade Agreement on Brazil's regions and their industries between 1990 and 2000 by means of a gravity model, extended to include dummy variables for Mercosul, for a Brazilian region and for a industry within a region. The results show...

Over the last few decades there has emerged quite a unique and interesting trade structure in East Asia, in which countries in the region trade intermediate goods heavily with themselves while trade more final goods with the rest of the world. This paper discusses the facts about this trade...

This paper examines the impact of external shocks and six preferential trade arrangements faced by the Peruvian economy during the period 1950-2007. The focus was the agricultural gross domestic product (GDP), its external and internal components, and the associated two sets of relative prices....