Mercosur ran into difficulties in 1998 when _______________.
A) Its members refused to give up any more sovereignty
B) Argentina and Chile almost went to war over a border dispute
C) A socialist was elected president of Brazil and refuted the pact
D) Brazil became more interested in joining NAFTA
E) Its members slipped into recession

Question

Quizplus · Accepted Answer

Mercosur ran into difficulties in 1998 due to the economic recession that affected its members, leading to financial instability and a decrease in trade.

Mercosur Ran into Difficulties in 1998 When _______________