Which of the Following Trade Alliances Differs from Others in Its

question 150

Multiple Choice

Which of the following trade alliances differs from others in its commitment to facilitating business and its practice of allowing the private sector to participate in a wide range of activities?

• A)NAFTA
• B)EU
• C)MERCOSUR
• D)WTO
• E)APEC

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Definitions:

Human Labour

The effort, physical or mental, that people contribute to the production of goods and services.

Means Of Production

The physical, non-human inputs like factories, machines, and tools used for the production of economic goods.

Human Behaviour

The range of behaviors exhibited by humans and which are influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.

Interaction

The reciprocal action or influence between two or more entities or substances, often resulting in a change.