Question 42
HardOriginal questionWhat kind of trade agreement do India and MERCOSUR have, which they agreed in 2026 to expand?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
The India–MERCOSUR agreement is a Preferential Trade Agreement, in force since 2009.
A PTA cuts duties on a limited list of goods; a free trade agreement covers most trade.
- Concept
- India–MERCOSUR PTA
- Typical timeTypical
- 65 s
- Your timeYours
- —
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