What Is the Name of the Organization Established by Seventeen

question 29

Multiple Choice

What is the name of the organization established by seventeen members of the Arab League in 2005 to eliminate trade barriers in the region?

• A) Gulf Cooperation Council
• B) Organization of Petroleum Exporting Countries (OPEC)
• C) Greater Arab Free-Trade Area (GAFTA)
• D) Hamas
• E) Palestinian Authority

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Definitions:

Future Value

The amount to which some current amount of money will grow if interest earned on the amount is left to compound over time.

Market Rate

The prevailing interest rate available in the marketplace, often influenced by factors like central bank rates, inflation, and the demand for and supply of credit.

ITQs

Individual Transferable Quotas, a type of fishing management tool allocating certain catch limits to fishermen or companies.

Pacific Halibut

A species of flatfish found in the North Pacific Ocean, valued for its commercial and recreational fishing industries.