Podcast
Questions and Answers
Which economic bloc in South America is considered the leading one, accounting for nearly all of the region's GDP?
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?
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?
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)?
Which of the following countries is NOT part of the Association of Southeast Asian Nations (ASEAN)?
What is one implication of regional integration for firms operating within an economic bloc?
What is one implication of regional integration for firms operating within an economic bloc?
Which economic bloc includes Australia and New Zealand in its partnership?
Which economic bloc includes Australia and New Zealand in its partnership?
What key aspect does MERCOSUR provide to its members regarding intellectual property rights?
What key aspect does MERCOSUR provide to its members regarding intellectual property rights?
Which country is NOT a member of the Caribbean Community and Common Market (CARICOM)?
Which country is NOT a member of the Caribbean Community and Common Market (CARICOM)?
What is a common feature among MERCOSUR, CARICOM, and ASEAN?
What is a common feature among MERCOSUR, CARICOM, and ASEAN?
Which economic bloc may be integrated with NAFTA and DR-CAFTA as part of a proposed Free Trade Area of the Americas?
Which economic bloc may be integrated with NAFTA and DR-CAFTA as part of a proposed Free Trade Area of the Americas?