Argentina, Brazil, Paraguay, and Uruguay benefit from reduced trade ta
QUESTION
Argentina, Brazil, Paraguay, and Uruguay benefit from reduced trade tariffs among themselves. Which of the following terms does NOT relate to this arrangement?
A) Mercosur
B) common market
C) trading bloc
D) joint venture
E) economic community
ANSWER
Answer: D
Explanation: D) This term is associated with distinct businesses partnering for mutual benefit.
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