Scenario: Zucoland
Zucoland, a small-sized country just south of the Andes mountain range was invited to join a regional trading bloc. The government of Zucoland is considering the benefits and costs of joining such a bloc. The government is attracted by the fact that this trading bloc requires Zucoland to give up the least amount of sovereignty than other types of blocs.
-The regional trading bloc that Zucoland is invited to join is most likely the ________.

Question

Quizplus · Accepted Answer

Zucoland is located south of the Andes mountain range, which suggests that the country is more likely to be part of the Andean Community trading bloc. Additionally, the scenario mentions that the government is attracted to joining a bloc that would require giving up the least amount of sovereignty, and the Andean Community is known for being a relatively loose integration scheme that allows member countries to maintain a degree of national autonomy. The other answer options, such as the North American Free Trade Agreement (NAFTA), Caribbean Community and Common Market, and Gulf Cooperation Council (GCC), do not fit the geographic location of Zucoland or the criteria mentioned in the scenario.

Scenario: Zucoland Zucoland, a Small-Sized Country Just South of the Andes Mountain