Which of the following benefits do associate members of MERCOSUR enjoy?
A) legal waivers
B) low-cost labor
C) preferential trade
D) tariff exemption

Question

Quizplus · Accepted Answer

Associate members of MERCOSUR enjoy preferential trade agreements with member countries, which can include reduced or eliminated tariffs on certain goods. Legal waivers and low-cost labor are not typically associated with membership in MERCOSUR, and tariff exemptions may be limited or subject to negotiation.

Which of the Following Benefits Do Associate Members of MERCOSUR