Which of the following are significant trade blocs in Europe?
A)European Union and the European Free Trade Association
B)European Federation and the European Trade Block
C)European Commission and the COMINTERN
D)European Federation and the European Trade Association
E)European Economic Community and the European Federation

Question

Quizplus · Accepted Answer

The European Union (EU) and the European Free Trade Association (EFTA) are both significant trade blocs in Europe. The EU is a political and economic union of 27 member states, while EFTA is a regional trade organization consisting of Iceland, Liechtenstein, Norway, and Switzerland. The other options listed are not actual trade blocs in Europe.

Which of the Following Are Significant Trade Blocs in Europe