Which of the following is a reason why Mercosur was temporarily suspended in 2001?
A)dotcom bust in Paraguay
B)economic crisis in Argentina
C)exit of Uruguay from the group
D)devaluation of the Mexican peso
E)Venezuelan financial crisis

Question

Quizplus · Accepted Answer

Mercosur was temporarily suspended in 2001 due to the economic crisis in Argentina, which caused a significant decrease in the country's imports and exports and created internal instability within the group. The crisis also impacted Brazil and Uruguay, leading to a slowdown in their economies as well. The other options listed are not relevant to the temporary suspension of Mercosur in 2001.

Which of the Following Is a Reason Why Mercosur Was