MERCOSUR

Question 1

Purpose

Answer 1

To allow for free trade among member states with the ultimate goal of full South American economic integration

Question 2

Goal

Answer 2

To promote the free movement of goods, services, and people among member states. The primary interest has been to eliminate obstacles to regional trade such as high tariffs.

Question 3

Membership

Answer 3

Argentina, Brazil, Paraguay, and Uruguay.
o Venezuela 2006, was admitted to trade bloc as its fifth full member with complete access to the common market and voting rights. Now suspended
o Bolivia (2015) – Associate member - – - Types of members: full member states (those which have the right to vote), acceding future members, suspended members.

Question 4

Region

Answer 4

America