All of the following statements are true regarding Mercusor EXCEPT:
A) it is the second-largest common-market agreement in the Americas after NAFTA.
B) the Treaty of Asunción provided the legal basis for Mercosur.
C) it is the most influential and successful free trade area in South America.
D) Mexico has observer status in Mercusor.
E) Germany is a member of Mercosur.
Correct Answer:
Verified
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