Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

Exercise 9

Form a group of students and research Mercosur's Common External Tariff (CET) agreement for Latin America. A government Web site, www.ustr.gov, provides information on various trade agreements. Prepare a short presentation or a paper that explains how requirements for CET differ from those of the North American Free Trade Agreement (NAFTA). Explain how trade agreements help businesses and people in various countries.