The difference(s) between NAFTA and the EEC is (are)
A) that the EEC is a free trade area while NAFTA is a customs union
B) that NAFTA is a free trade area while the EEC is a customs union
C) that both NAFTA and EEC are custom unions, but the EEC is in Europe while NAFTA is in North America
D) that both NAFTA and EEC are free trade areas, but the EEC is in Europe while NAFTA is in North America
E) that NAFTA countries place no tariffs on trade while the EEC countries do
Correct Answer:
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