Which of the following statements is true of free trade zones?
A) Central American countries and the Dominican Republic (CAFTA-DR) have a free trade agreement between the United States and Europe that has resulted in greater exports of U.S. beef to Europe.
B) The North American Free Trade Agreement (NAFTA) is a free trade agreement between the United States, Canada, and Mexico that has reduced illegal migration of Mexicans to the United States.
C) The Association of Southeast Asian nations (ASEAN) is a free trade agreement between the United States and a group of South Asian countries that has led to an increase in U.S. outsourcing to countries like India.
D) Mercosur is a free trade association of Latin American countries that aims to increase export subsidies and domestic content requirements in each member country.
E) The Trans-Pacific Partnership is a free trade association of South Africa and its four neighboring countries.
Correct Answer:
Verified
Q87: A World Trade Organization (WTO)member country must
Q129: The World Trade Organization (WTO) _
A) members
Q130: The General Agreement on Tariffs and Trade
Q131: Originally, GATT members had agreed to three
Q132: As a result of the Uruguay Round,
Q133: The establishment of GATT resulted in _
A)
Q135: The Uruguay Round created _
A) the International
Q136: The largest regional trading bloc is the
A)North
Q137: Which of the following is a difference
Q139: Originally, GATT members had agreed to three
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents