Which of the Following Statements Is True About MERCOSUR

question 71

Multiple Choice

Which of the following statements is true about MERCOSUR?

• A)It was established as a regional trade agreement between Peru and Venezuela.
• B)It is a part of the Caribbean Community and Common Market.
• C)It is the world's largest trading bloc.
• D)It was established as an answer to the Andean Community.
• E)It is a South American trade initiative with clear economic and political goals.

---

Definitions:

Electrically Neutral

A state where an object or system has no net electrical charge and is not influenced by external electric fields.

Positive Charge

An electrical condition resulting from a deficit of electrons on an atom or molecule, leading to a net positive electric charge.

Series-parallel

A circuit configuration that combines elements in both series and parallel to achieve desired electrical characteristics.

Current Flow

The movement of electric charge carriers like electrons or ions, through a conductor or space, typically measured in amperes (A).