This paper analyses the competitiveness evolution in Argentina, Brazil, Paraguay and Uruguay within Mercosur trade … which Brazil had revealed comparative advantage, which may mean that Brazil lost market within Mercosur in a significant … the Mercosur, member countries failed to increase the participation on trade within partners, a result that would not be …

American trade bloc consisting of Argentina, Brazil, Para­guay and Uruguay, with Venezuela’s membership currently suspended … seeking to diversify their trade partners, the Mercosur countries offer latent potential. Mercosur is the name of the South …

The paper is organized as follows. The next section presents some stylized facts on Mercosur, documenting the evolution … smaller Mercosur economies vulnerable to macroeconomic developments in Brazil. The subsequent section presents the main …