Some possible scenarios of development of trade, production, demand and prices in the agri-food sector of the Common Market of the South (MERCOSUR) are presented in the paper. A mathematical model of general equilibrium Global Trade Analysis Project (GTAP) was used to make trade forecasts. The results of the analysis showed that the escalation of global agri-food trade liberalization may lead to a growth in the export and import of animal products and sugar and, consequently, may result in an increase in prices and a drop in demand for these goods.
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