Diana's firm makes pumps and valves,and it has begun expanding internationally.A firm in Argentina responded to the company's website to inquire about becoming a distributor for the firm,and Diana is trying to analyze the opportunity.In her analysis,she will look at the implications of Argentina's membership in:

Question

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Argentina is a member of Mercosur, which is a regional trade agreement between several South American countries. Understanding the implications of this membership is important for Diana's analysis of the opportunity to expand into Argentina as it affects the trading regulations and potential barriers to entry. The other trade agreements mentioned (NAFTA, CAFTA, and ASEAN) do not directly involve Argentina.

Diana's Firm Makes Pumps and Valves,and It Has Begun Expanding