CAFTA Refers to _____

question 53

Multiple Choice

CAFTA refers to _____.

• A) a regional integration mechanism integrating two existing customs unions (Andean Community and Mercosur) in South America 
• B) a free trade agreement between the United States and five Central American countries and the Dominican Republic 
• C) a proposed free trade area for the entire Western Hemisphere 
• D) a proposed customs union between nations that are present near the Pacific Ocean

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Definitions:

Co-optation

Refers to the process of winning over or absorbing new elements into a group's leadership or structure, especially to prevent them from becoming adversaries.

Brand Purpose

The reason a brand exists beyond making a profit, often encapsulating its ideals, contributions to society, and the value it aims to add to customers' lives.

Ethical Challenges

The moral dilemmas and issues that arise in the context of business operations and decisions, impacting stakeholders and society.

Ecotricity

A concept focused on producing electricity from renewable sources with minimal environmental impact, often associated with green energy initiatives.