Which One of the Following Is Not a Western Hemisphere

question 25

Multiple Choice

Which one of the following is not a Western hemisphere trade bloc?

• A) NAFTA
• B) MERCOSUR
• C) ASEAN
• D) Latin American Integration Association

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Definitions:

Account Payable

An obligation of a business to pay a supplier for products or services received, typically recorded as a current liability.

Notes Issued

Refers to the act of issuing promissory notes, which are written promises to pay a specified sum of money to a certain party at a defined time or on demand.

Maturity Value

The amount that is due at the maturity or due date of a note, which is the sum of the face amount and any interest.

Note Payable

A written agreement to pay a specific amount of money, plus interest, by a certain date or upon demand.