Course Solutions Uncategorized (Answered) : Which regional trade association has a goal to improve trade among the three member countries rather than complete economicinte

(Answered) : Which regional trade association has a goal to improve trade among the three member countries rather than complete economicinte

June 27, 2024| admin| 0 Comment| 7:44 pm

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Which regional trade association has a goal to improve trade among the three member countries rather than complete economicintegration?

North American Free Trade Agreement (NAFTA)

Union of South American Nations

Association of Southeast Asian Nations (ASEAN)

Mercosur

European Union (EU)

Expert Answer

Option A. North American Free Trade Agreement (NAFTA)

is correct.

This is the union of 3 countries Canada, Mexico, United States which was established in 1st Jan 1994. This eliminated some trade and investment barriers among these countries and smoothen the business. So 1st option is correct.

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(Answered) : Which regional trade association has a goal to improve trade among the three member countries rather than complete economic​inte

Expert Answer

Option A. North American Free Trade Agreement​ (NAFTA) is correct. This is the union of 3 countries Canada, Mexico, United States which was established in 1st Jan 1994. This eliminated some trade and investment barriers among these countries and smoothen the business. So 1st option is correct.

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(Answered) : Which regional trade association has a goal to improve trade among the three member countries rather than complete economicinte

Option A. North American Free Trade Agreement (NAFTA)

is correct.

This is the union of 3 countries Canada, Mexico, United States which was established in 1st Jan 1994. This eliminated some trade and investment barriers among these countries and smoothen the business. So 1st option is correct.