{ "id": "98-432", "type": "CRS Report", "typeId": "REPORTS", "number": "98-432", "active": false, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 103705, "date": "1998-05-06", "retrieved": "2016-05-24T20:54:25.942941", "title": "Mercosur: Formation, Status, Trade Effects, Policy Challenges, and U.S. Interests", "summary": "Mercosur, consisting of Argentina, Brazil, Paraguay, and Uruguay, is the third largest\npreferential\ntrading group in the world. Since its inception in 1991, Mercosur has made considerable progress\nin integrating the economies of its members. The integration -- an almost complete free trade area\nand a partial customs union has been accompanied by a significant increase in U.S. exports and\ninvestment to the region. In general, the United States has viewed the evolution of Mercosur as\nbeing supportive of its political interests as well, although Mercosur is seen as favoring a slower\napproach to hemispheric economic integration. In the future, Mercosur faces challenges affecting\nthe size of its membership, the depth of its integration, and the strength of its institutions.", "type": "CRS Report", "typeId": "REPORTS", "active": false, "formats": [ { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/98-432", "sha1": "64f4e685491475b2e7d4bbed7bd407a1cc9b06b0", "filename": "files/19980506_98-432_64f4e685491475b2e7d4bbed7bd407a1cc9b06b0.pdf", "images": null }, { "format": "HTML", "filename": "files/19980506_98-432_64f4e685491475b2e7d4bbed7bd407a1cc9b06b0.html" } ], "topics": [] } ], "topics": [ "Foreign Affairs", "National Defense" ] }