Problem: As a Venezuelan business owner (you may select the specific business of your choice), you are very interested in the fact that Venezuela has recently been accepted as an associate member of MERCOSUR (July, 2004). You need to prepare your operations in view of this new reality.
Develop a plan for your business that will be implemented as Venezuela becomes part of MERCOSUR. Your business plan should include the following:
1. Benefits and drawbacks for the country of Venezuela as a result of their membership in MERCOSUR
2. Benefits and drawbacks for your business as a result of their membership in MERCOSUR
3. What adjustments will need to be made to your business as a result of this?