Which of the following economic blocs will most likely merge with MERCOSUR to encompass all of South America?
A) CER
B) NAFTA
C) CARICOM
D) CAN

Question

Quizplus · Accepted Answer

CAN (Andean Community) is a South American economic bloc consisting of Bolivia, Colombia, Ecuador, and Peru. It is the economic bloc most likely to merge with MERCOSUR to encompass all of South America as the two blocs have discussed the possibility of integration in the past. NAFTA (North American Free Trade Agreement) and CARICOM (Caribbean Community) are not South American economic blocs and are therefore not likely to merge with MERCOSUR. CER (Central European Free Trade Agreement) is not relevant to South America.

Which of the Following Economic Blocs Will Most Likely Merge