Which country has the Stock Exchange Index as MERVAL?
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Brazil
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Chile
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Ecuador
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Argentina
D
Correct answer
Explanation
MERVAL is the major stock market index of Argentina, officially called the 'Indice de Precios Cotizables' and tracking the performance of the most traded companies on the Buenos Aires Stock Exchange. Brazil's index is Bovespa, Chile's is IPSA, and Ecuador has the BQE.