Which of the Following Is Referred to as a Multilateral

question 64

Multiple Choice

Which of the following is referred to as a multilateral trading system? 

• A) WTO 
• B) EU 
• C) NAFTA 
• D) ASEAN

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Definitions:

Interest Rate

The percentage of a loan that is added on as interest for the borrower, usually stated as an annual rate.

Economic Value

A measure of the benefit provided by a good or service to an economic agent.

Payments

Transfers of money, or other agreed-upon medium, from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Compounded Quarterly

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan on a quarterly basis.