Question | Answer |
---|---|
a single-market zone created in 1993 to allow the free movement of goods, services, money, and people among European member states | European Union (EU) |
a 1947 trade agreement among twenty-three countries to reinforce postwar economic recovery, later replaced by the World Trade Organization (WTO) | General Agreement on Tariffs and Trade (GATT) |
a 1992 trade agreement between the United States, Canada, and Mexico to reduce trade barriers and allow goods to flow freely | North American Free Trade Agreement (NAFTA) |
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The content of this course has been taken from the free World History, Volume 2: from 1400 textbook by Openstax