Which of the Following Best Describes an Economic Consultative Association

question 46

Multiple Choice

Which of the following best describes an economic consultative association?

• A) It is a group of states that have reduced or eliminated trade barriers among themselves but maintain their individual tariffs in dealing with other states.
• B) It is a group of states that exchanges information, coordinates economic policy, and promotes trade cooperation.
• C) It is a business firm operating branches, subsidiaries, or joint ventures in two or more states.
• D) It is a group of states that have reduced or eliminated trade barriers among themselves and have established a common external tariff.

---

Definitions:

Subscription Fees

Regular payments made to access or receive a product or service, commonly used by software providers, streaming platforms, and membership organizations.

Super Wi-Fi

A wireless networking proposal that uses white space spectrum to provide internet access to large areas, far surpassing traditional Wi-Fi's range limitations.

M-commerce

Mobile commerce, or the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets.

Publicly

In a manner that is open and accessible to all, often referring to actions or statements made in full view of the general public.