Exchange Rate Common Currency Parity Mercosur
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1. Common currency and economic integration in mercosur
Latin America has a long history of attempts to achieve regional integration, yet success has been modest. This paper contends that this is essentially due not so much to protectionist practices in the various countries, but to the lack of a common currency, or, at least, of a tightly managed exchange rate band. We reviewed the optimum currency area criteria
Publicado em: 05/06/2009