NAFTA and the EU are both
A) greenfield ventures.
B) world banks.
C) terrorist-monitoring associations.
D) monetary funds.
E) trading blocs.

Question

Quizplus · Accepted Answer

A trading bloc, also known as an economic community, is a group of nations within a geographical region that have agreed to remove trade barriers with one another. NAFTA has three member nations (the United States, Canada, and Mexico), while the European Union has 28 member nations.

NAFTA and the EU Are Both