One of the Most Important Aspects of LAIA That Differs

question 39

True/False

One of the most important aspects of LAIA that differs from LAFTA is the differential treatment of member countries according to their level of economic development.

---

Definitions:

Anglo-American Merchants

Businesspeople from England or the United States engaged in international trade during the 17th to 19th centuries, often playing significant roles in colonial economies.

French West Indies

A region in the Caribbean Sea that consists of French overseas territories, known for their distinct Franco-Caribbean culture and history.

Illegal Trade

The exchange of goods or services that is forbidden by law, regulations, or treaty.

Representative Government

A system of governance where citizens elect officials to represent their interests in a legislative or decision-making body.