December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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Regional Economic Integration 119
The objectives of MERCOSUR are:
■ Free transit of production goods, services, and factors between the member states with the elimi-
nation of customs rights and lifting of non-tari restrictions on the transit of goods or any other
measures with similar eects.
■ Fixing a common external tari (TEC) and adopting a common trade policy with regard to non-
member states or groups of states, and the coordination of positions in regional and international
commercial and economic meetings.
■ Coordination of macroeconomic and sectoral policies of member states relating to foreign trade,
agriculture, industry, tax
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