Which of the following is an example of a free-trade area?

Question

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The European Union is an example of a free-trade area, where member countries come together to eliminate barriers to trade and allow for the free movement of goods, services, and people within the region. The World Trade Organization (A) is a global organization that works to promote free trade around the world. NATO (C) and the Warsaw Pact (D) were military alliances that existed during the Cold War and did not focus on trade.

Which of the Following Is an Example of a Free-Trade