Which of the following groups of countries is most likely to form a regional trading group?
A)India, Argentina, France
B)Canada, United States, Mexico
C)Brazil, Ukraine, Japan
D)Spain, South Africa, Mongolia

Question

Quizplus · Accepted Answer

Canada, United States, and Mexico have already formed the North American Free Trade Agreement (NAFTA) and are geographically close, making it more likely for them to form a regional trading group. India, Argentina, France; Brazil, Ukraine, Japan; and Spain, South Africa, Mongolia do not share the same geographic proximity and do not have existing trade agreements.

Which of the Following Groups of Countries Is Most Likely