What aspect of international business do NAFTA and the EU represent?
A) Tariff systems
B) Economic communities
C) Trade controls
D) Export regulations
E) Quota guidelines

Question

Quizplus · Accepted Answer

NAFTA (North American Free Trade Agreement) and the EU (European Union) represent economic communities. NAFTA is a free trade agreement between Canada, the United States, and Mexico, while the EU is a political and economic union of 27 member states located primarily in Europe. Both aim to eliminate barriers to trade and promote economic cooperation between their members.

What Aspect of International Business Do NAFTA and the EU