In Alexander Yeats's Criticism of Mercosur, He Says That

In Alexander Yeats's criticism of Mercosur, he says that

A) the slowest growing items in intra-Mercosur trade were cars, buses, agricultural equipment, and other capital-intensive goods.
B) the trade creation effects of Mercosur outweighed its trade diversion effects.
C) Mercosur countries were prepared to compete globally once the group's external trade barriers came down.
D) Mercosur countries were insulated from outside competition by tariffs that run as high as 70 percent of value.
E) capital was being drawn toward more efficient enterprises.