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34. ‘MERCOSUR’ is an economic and political bloc with which India has signed a Preferential Trade Agreement, and is looking to expand the scope of this agreement now. This bloc’s ‘full members’ does NOT include
34. ‘MERCOSUR’ is an economic and political bloc with which India has signed a Preferential Trade Agreement, and is looking to expand the scope of this agreement now. This bloc’s ‘full members’ does NOT include
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Solution
The correct option is D D. Venezuela
34. Answer: D
Explanation:
sub-regional block: Its full members are Argentina, Brazil, Paraguay, Uruguay and Venezuela (which was suspended on December 1, 2016).
Its associate countries are Bolivia, Chile, Peru, Colombia, Ecuador and Suriname.[5] Observer countries are New Zealand and Mexico.[6][7]
Its purpose is to promote free trade and the fluid movement of goods, people, and currency.
34. Answer: D
Explanation:
sub-regional block: Its full members are Argentina, Brazil, Paraguay, Uruguay and Venezuela (which was suspended on December 1, 2016).
Its associate countries are Bolivia, Chile, Peru, Colombia, Ecuador and Suriname.[5] Observer countries are New Zealand and Mexico.[6][7]
Its purpose is to promote free trade and the fluid movement of goods, people, and currency.
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