_____ is a trade agreement,which includes Brazil,Argentina,Chile,Bolivia,Uruguay,and Paraguay.This agreement eliminated the tariffs among these trading partners.
A) NAFTA
B) Maastricht
C) WTO
D) GATT
E) Mercosur

Question

Quizplus · Accepted Answer

The Mercosur (Southern Common Market) is a trade agreement between Brazil, Argentina, Chile, Bolivia, Uruguay, and Paraguay. The agreement was signed in 1991 and has gone through several changes since then. Its main purpose is to reduce barriers to trade among member countries and promote economic integration. One of the ways it has achieved this is by eliminating tariffs on goods traded between these countries.

_____ Is a Trade Agreement,which Includes Brazil,Argentina,Chile,Bolivia,Uruguay,and Paraguay