The combined EU market is far larger than the NAFTA market in terms of GDP and population.

Question

Quizplus · Accepted Answer

As of my last update, the NAFTA (now replaced by USMCA - United States-Mexico-Canada Agreement) market, particularly when considering the United States' GDP, combined with Mexico and Canada, competes closely with or even surpasses the EU in terms of GDP. Population-wise, the EU has a larger population compared to the NAFTA/USMCA countries, but the statement mentions both GDP and population, making it partially incorrect.

The Combined EU Market Is Far Larger Than the NAFTA