I believe it was George Stephenson.
We show that municipalities that are exogenously exposed to the Drug War experience a 40% decrease in export growth on the intensive margin. Large exporters suffer larger effects, along with exports of more complex, capital intensive, and skill intensive products. Finally, using firm level data, we provide evidence consistent with violence increasing marginal exporting costs.
MERCOSUR is an abbreviation of "Mercado Comun del Sur": common market of the South America: most of the eastern South American coutries are members of this common market.
It's a trade block of countries in South America which promotes free trade and free movement of people.
Yes.
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