Which of the following statements is false?
A) The World Trade Organization (WTO) is the major, and most comprehensive, trade facilitation entity, and with the accession of Russia on 22 August 2012 it now encompasses all of the world's significant economies.
B) Blocs are joining bigger blocs as in the case of the Asia Pacific Economic Cooperation (APEC) , which brings partners together from multiple continents (including NAFTA, ASEAN Free Trade Area and individual countries such as Australia, China, Japan and Russia) .
C) The World Trade Organization (WTO) is the major, and most comprehensive, trade facilitation entity, and with the accession of China on 22 August 2012 it now encompasses all of the world's significant economies.
D) Economic integration has been one of the main economic developments affecting world markets since the Second World War.
Correct Answer:
Verified
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