MERCOSUR is a regional integration process that has its origins in the signing of the Treaty of Asunción, on March 26, 1991. This agreement was signed by the Argentine Republic, the Federal Republic of Brazil, the Republic of Paraguay and the Eastern Republic of Uruguay, which are the main states part of the organization (MERCOSUR, 2015). Its foundational goals were to boost the global economic growth of the area, to improve resource allocation and to increase the welfare of citizens of member countries (UNED Documentos, 2005). Likewise, the Treaty of Asunción tried the implementation of automatic tariff reductions among these members countries, and promoted several measures to achieve mainly the trade liberalization (Roett, R., 1999); these measures promoted the free circulation of goods, people, services, and capital, just as the establishment of a common external tariff, the creation of a common commercial policy, the coordination of macroeconomic and sectoral policies between...
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