Cristina Hernandez, G’27, WG’27, found herself meeting with cattle producers in Uruguay as part of her studies at Penn’s Lauder Institute. The conversations centered on a question she had been grappling with: How will an EU-Mercosur trade agreement affect small and midsize businesses across South America?
For Hernandez, the experience was the culmination of months of preparation through Lauder’s Politics and Policy Program (PPP), a selective co-curricular initiative. Designed to illustrate how political and regulatory forces influence business, the yearlong program sends students into the field to conduct research, interview decision-makers, and produce professional policy briefs.
“This agreement was signed just as I was choosing my PPP topic, after more than 25 years of negotiations,” says Hernandez. “It was like the topic chose me.” The agreement, which provisionally took effect in May 2026, creates one of the largest free-trade areas in the world by linking the European Union with Argentina, Brazil, Paraguay, and Uruguay.
Read the full article here.
By Braden Kelner for Wharton Magazine
Posted: July 17, 2026

















