The Principle Reason for the Formation of a Regional Trading

question 70

Multiple Choice

The principle reason for the formation of a regional trading alliance in Europe was to reassert members' economic positions against the strength of the United States and__________ .

• A) Mexico
• B) Japan
• C) Canada
• D) Russia

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Definitions:

Threatening to Sue

Expressing an intention to initiate legal action against someone.

Dodd-Frank Act

A United States federal law that places regulation of the financial industry in the hands of the government, aimed at reducing risks in the financial system.

Consumer Financial Protection Bureau

A U.S. government agency aimed at ensuring consumer protection in the financial sector and enforcing laws related to financial products and services.

Legislative Approval

The formal consent given by a legislative body to enact a proposed piece of legislation into law.