There Are Several Preferred Trading Arrangements in Latin America Which

question 36

Multiple Choice

There are several preferred trading arrangements in Latin America which include all of the following except:

• A)SICA.
• B)the Andean Community.
• C)CARICOM.
• D)Mercosur.
• E)BRIC.

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Definitions:

Runoff

This refers to the water from rain, snow, or other sources that flows over the land's surface and is not absorbed, eventually making its way into rivers, lakes, and oceans.

Faulting

The geological process by which rocks on opposite sides of a fracture or fault move relative to each other, often leading to earthquakes.

Springs

Natural outflows of groundwater from the surface of the Earth, often the result of an aquifer being filled to the point that the water overflows onto the land surface.

Long-term Capital

Financial resources that are available for use over an extended period, typically for purposes like investment in assets or to fund significant projects.