The world's largest common market is the:
A) EU.
B) NAFTA.
C) SAARC.
D) WTO.

Question

​The world's largest common market is the:
A) EU.
B) ​NAFTA.
C) ​SAARC.
D) WTO.

Quizplus · Accepted Answer

The EU (European Union) is the world's largest common market, with a GDP of over $18 trillion and a population of over 500 million. It includes 27 member states and allows for the free flow of goods, services, and people across its borders. NAFTA (North American Free Trade Agreement) is a regional trade agreement between the US, Canada, and Mexico, and SAARC (South Asian Association for Regional Cooperation) is a regional intergovernmental organization comprised of eight South Asian countries. The WTO (World Trade Organization) is not a common market but rather an international organization that promotes free trade and settles trade disputes between member countries.

​The World's Largest Common Market Is The

The World's Largest Common Market Is The