Which of the following is an example of an economic community?
A) NATO
B) BRIC
C) CAFTA
D) GATT
E) WTO

Question

Quizplus · Accepted Answer

CAFTA (Central American Free Trade Agreement) is an economic community that promotes free trade among the United States, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic. NATO, BRIC, GATT, and WTO are not economic communities, but rather a military alliance, a group of emerging economies, a multilateral trade agreement, and a global trade organization respectively.

Which of the Following Is an Example of an Economic