Which of the following is a reason why Mercosur was temporarily suspended in 2001?
A)The dotcom bust in Paraguay
B)An economic crisis in Argentina
C)The exit of Uruguay from the group
D)The devaluation of the Mexican peso
E)The Venezuelan financial crisis

Question

Quizplus · Accepted Answer

Mercosur hit a significant roadblock in 1998, when its member-states slipped into recession and intrabloc trade slumped. Things deteriorated further in 2001 when Argentina, beset by economic stresses, suggested the customs union be temporarily suspended.

Which of the Following Is a Reason Why Mercosur Was