This article evaluates from the Global Dimension of Regional Integration Model (GDRI - MODEL) developed by Estrada (2004) which the level of regional integration in the year of 2007 for the Common Market of the South - MERCOSUR, considering Argentina, Brazil, Paraguay and Uruguay (Members of the...

This paper analyses the evolution of the South American Common Market, Mercosur. It shows how the lack of coordination of macroeconomic policies, especially of the two major participants (Argentina and Brazil), had caused trade strains and conflicting interests in attracting foreign investments....