Question

What is MERCOSUR? the agreement for building the Panama Canal an arrangement to increase economic cooperation a strategy to prevent European intervention a U.S. plan to aid the South American economy

Answer 1

The correct answer is: An arrangement to increase economic cooperation

Answer 2

Mercosur is a shorter form of "Mercado Comun del Sur" - Common Market in the South, which is a trading bloc (area with free trade and no tariffs or restrictions) in South America.

The correct answer is:
an arrangement to increase economic cooperation