Baracat, Elias; Nogues, Julio J. - 2005
The footwear case provides an example of the complexities of WTO rules on the use of safeguards, and of the interaction … the removal of barriers within Mercosur, imports of footwear increased rapidly. As Mercosur provides no intra … them. Third, an overvalued currency heightened the industry's problems. In the case of footwear, the decline in imports …