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Economic integration and harmonization of economic policies in North America and Southern Cone

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  • José Tavares de Araújo Jr.

Abstract

This paper compares the negotiating process of two trade agreements: Canada/USA and Argentina/Brazil. The main topic discussed is the harmonization of economic policies.In order to create a free trade area or a common market, governments have to face adifficult choice, between the economic benefits of a integration and the political costs of arestricted sovereignty. Two different configurations of this dilemma are analyzed in the paper. JEL Classification: F15; F63

Suggested Citation

  • José Tavares de Araújo Jr., 1991. "Economic integration and harmonization of economic policies in North America and Southern Cone," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(2), pages 250-263.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:2:p:250-263:id:1462
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1462/1448
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    More about this item

    Keywords

    Integration; globalization;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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