A Foreign Alliance Talk (Scenario)
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, CAEU, GAFTA and all that stuff because we're afraid the economists are right all the good jobs will have to go elsewhere." As you pour over your notes, you try to choose the best information to present in the allotted half hour.
-You plan to explain during your talk that the acronyms EU, NAFTA, FTAA, GAFTA and ASEAN refer to ________.
A) new multinational corporations
B) soccer teams in Europe
C) regional trade alliances
D) foreign airlines

Question

Quizplus · Accepted Answer

These acronyms refer to regional trade alliances that facilitate economic cooperation and trade among member countries.