It is hoped that, by 2015, a(n)________ economic community will be established allowing goods, skilled workers and capital to move freely among member countries.
A)NAFTA
B)the EU
C)ASEAN
D)GDP
E)the Economic Alliance of Nations

Question

Quizplus · Accepted Answer

NAFTA and the EU are already established economic communities. GDP is a measure of economic output, not a community. The Economic Alliance of Nations is not a known organization. Therefore, ASEAN (Association of Southeast Asian Nations) is the most likely option for the establishment of a new economic community. ASEAN has been working towards an economic community since its establishment in 1967 and aims to achieve this goal by the end of 2015.

It Is Hoped That, by 2015, A(n)________ Economic Community Will