An example of a regional trade agreement among groups of countries and trading partners is ________________.

Question

Quizplus · Accepted Answer

All of the above options are examples of regional trade agreements among groups of countries and trading partners. The African Continental Free Trade Agreement is an agreement among 54 African countries to create a single market for goods and services on the continent. The Asia-Pacific Trade Agreement is a regional trade agreement between Bangladesh, China, India, South Korea, Laos, Sri Lanka, and the Maldives. The North American Free Trade Agreement (NAFTA) was a trilateral agreement between Canada, Mexico, and the United States, which has been replaced by the United States-Mexico-Canada Agreement (USMCA).

An Example of a Regional Trade Agreement Among Groups of Countries