Business Strategies in Regional Integration Context Quiz
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Questions and Answers

Which economic bloc in South America is considered the leading one, accounting for nearly all of the region's GDP?

  • ASEAN
  • MERCOSUR (correct)
  • CARICOM
  • CAN

Which of the following is NOT a full member of MERCOSUR?

  • Chile (correct)
  • Brazil
  • Uruguay
  • Argentina

What does MERCOSUR provide in terms of trade policies among its member countries?

  • Common external tariff (correct)
  • Unrestricted trade barriers
  • Open border policy
  • Exclusive trade deals with non-member countries

Which of the following countries is NOT part of the Association of Southeast Asian Nations (ASEAN)?

<p>China (B)</p> Signup and view all the answers

What is one implication of regional integration for firms operating within an economic bloc?

<p>Rationalization of operations and restructuring (D)</p> Signup and view all the answers

Which economic bloc includes Australia and New Zealand in its partnership?

<p>CER (B)</p> Signup and view all the answers

What key aspect does MERCOSUR provide to its members regarding intellectual property rights?

<p>Uniform intellectual property rights standards (C)</p> Signup and view all the answers

Which country is NOT a member of the Caribbean Community and Common Market (CARICOM)?

<p>Peru (A)</p> Signup and view all the answers

What is a common feature among MERCOSUR, CARICOM, and ASEAN?

<p>Free movement of products and services (C)</p> Signup and view all the answers

Which economic bloc may be integrated with NAFTA and DR-CAFTA as part of a proposed Free Trade Area of the Americas?

<p>MERCOSUR (A)</p> Signup and view all the answers

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