Of the following statements about regional blocs close to major world markets,which is NOT true?
A) The ASEAN is intensifying its free trade relations with the huge markets in China.
B) India,Japan,and South Korea play an important role in the SAARC.
C) Access to markets is essential for economic growth.
D) The oil-rich regional economy of the Middle East and North Africa has been growing fast and creating jobs for its population.
E) Countries close to major markets have the advantage of connecting to suppliers and ideas.

Question

Quizplus · Accepted Answer

The statement that the oil-rich regional economy of the Middle East and North Africa has been growing fast and creating jobs for its population is not entirely true. While the Middle East and North Africa region possesses significant oil reserves, not all countries in the region have been able to effectively harness this resource to generate jobs and economic growth. Additionally, political instability and conflict have hindered economic progress in some countries in the region.

Of the Following Statements About Regional Blocs Close to Major