Abstract:Since the 1980s, the auto industry has increasingly fragmented the production across national borders. Latin America has been part of the leading automakers' global strategy both as a consumer and as a regional producer. In this context, preferential trade agreements have been relevant to reduce costs and to overcome the limitations related to the size of domestic markets. Argentina, Brazil and Mexico are the region's leading automotive producers and sellers (for both the domestic market and for exports), and … Show more
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