‘MERCOSUR’ consists of group of countries of
- AAfrica
- BAsia
- CLatin AmericaCorrect
- DSouth East Asia
Explanation
MERCOSUR, officially known as the Southern Common Market, is a regional integration engine and sub regional bloc. It was established by the Treaty of Asuncion in 1991 and later amended by the Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay, and Uruguay. Since these countries are located in South America, the bloc is categorized as a group of Latin American nations. Its main objective is to promote free trade and the fluid movement of goods, people, and currency among its member states. While Venezuela is a member, it has been suspended since 2017, and Bolivia recently became a full member in 2024. Therefore, option C is the correct answer.
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