European Union (EU) and the Common Market of the South (MERCOSUR) in 2019 and presents estimates of its possible impact on … impact for the EU will be more modest, yet always positive, since trade with MERCOSUR is less significant for EU members …. Spain is among the EU member countries whose economies will benefit most from the agreement. …

áreas y dentro de ellas. ; In this paper we analyze the EU-Mercosur agreement and predict its effects on trade and welfare … agreements that are similar to the EU-Mercosur one, in a partial equilibrium setting. In a second step, the estimated increase in … trade is mapped into reductions in bilateral trade costs and imputed to EU-Mercosur country pairs to compute the general …