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Question: research and analyze MERCOSUR, a regional trade area encompassing Brazil, Argentina, Paraguay, Uruguay. Venezuela, although a full member, had it's membership suspended in late 2016; associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru and Suriname. One of the discussion within MERCOSUR member countries is to adopt a single common currency to become a common market much like the European Union. What issues should they consider before they accept or reject a common currency? Should associate countries be included in this endeavor or only include current member countries? Why or why not?
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