An example of a trading bloc is which of the following?
A)Central American Free Trade Agreement countries
B)Free trade zones
C)ISO-9000 companies
D)American Production and Inventory Control Society
E)Walmart and its suppliers

Question

Quizplus · Accepted Answer

The Central American Free Trade Agreement (CAFTA) is a trading bloc consisting of Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and the United States. They have eliminated tariffs and other barriers to trade among themselves in order to promote economic growth and development.

An Example of a Trading Bloc Is Which of the Following