O Brasil e a integração com as Américas: comércio Sul-Sul e Sul-Norte

Abstract

South-South trade has increased significantly in the last decades. In 2011, it accounted for more than half of total trade of the region. Besides the strong growth it is becoming more intensive in capital and skilled labor in comparison with South-North trade. The study analyses the effects on trade and welfare of the formation of a free trade area in South America (UNASUL) and between Brazil and North American Free Trade Agreement (NAFTA) using a computable general equilibrium model. The results show that despite UNASUL would generate gains for the countries that participate in this agreement, in terms of increased trade on high technology sectors and welfare, they are limited. The more significant gains for Brazil occur with the South-North trade liberalization.