This study explores economic interdependence in Mercosur by examining common trends and common cycles among key macro … macroeconomic interdependence in the Mercosur economies is strong. The exchange rates demonstrate co-movement in the long run as … correlations. Our overall findings thus provide justification and optimism for deeper economic integration among Mercosur countries. …

vein, it zooms in on the EU-Mercosur FTA, for which a political agreement was reached in June 2019. It contrasts the …