Abstract

DELAGO MORAIS, Maurício; MASSUQUETTI, Angélica  and  AZEVEDO, André Filipe Zago. Estud. Econ. [online]. 2018, vol.35, n.70, pp. 27-56. ISSN 2525-1295.

The study analyses the effects on trade and welfare of the formation of a free trade area in South America (UNASUL) and between Brazil and North American Free Trade Agreement (NAFTA) using a computable general equilibrium model. The results show that despite UNASUL would generate gains for the countries that participate in this agreement, in terms of increased trade on high technology sectors and welfare, they are limited. The more significant gains for Brazil occur with the South-North trade liberalization.

Keywords : Economic Integration; UNASUL; Computable General Equilibrium Model.