Regarding the direction of world trade

Question

Quizplus · Accepted Answer

In 2014, approximately half the exports from North American nations went to other nations in North America. A little more than half of Asian nations' exports were to other Asian nations, and over 70 percent of exports from European nations went to other European countries. Most of Canada's exports go to the United States and nearly 20 percent of U.S. exports go to Canada, mainly as a result of the 1994 North American Free Trade Agreement (NAFTA) and other treaties between the two nations. The proportion of overall exports accounted for by members of regional trade agreements increased from 37 percent in 1980 to more than 70 percent by 2013.

Regarding the Direction of World Trade