Which Is the Most Enduring Free Trade Area in the World

question 31

Multiple Choice

Which is the most enduring free trade area in the world?

• A) Central America Free Trade Association (CAFTA)
• B) European Free Trade Association (EFTA)
• C) Association of Southeast Asian Nations (ASEAN)
• D) North American Free Trade Association (NAFTA)

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Definitions:

Variance

A measure of dispersion that quantifies the degree to which values in a data set are spread out from the mean.

Outliers

Outliers are data points that are significantly different from the majority of a data set, often lying far outside the other values.

Variance

A statistic used in statistics to measure how far a set of numbers are spread out from their average value.

Negative Deviations

Differences where observed values fall below the expected or average values in a data set.