What trade agreement allows for the free flow of labour and capital between member countries?

Question

Quizplus · Accepted Answer

The EU allows for the free flow of labor and capital between member countries, as one of the pillars of the European Union is the single market. This means that there are no restrictions on the movement of goods, services, capital, or people between the EU member countries. The other options listed do not have the same level of free flow of labor and capital. GATT is a multilateral agreement to reduce barriers to international trade, and it does not include provisions for labor mobility. The Canada-U.S. FTA and NAFTA both aim to reduce trade barriers, but they do not allow for the same level of free movement of people as the EU.

What Trade Agreement Allows for the Free Flow of Labour