What do nafta-eu and asean have in common

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Reference no: EM133066131

1. What do NAFTA, EU, and ASEAN have in common?

A. Each group attempts to enforce trade barriers rigidly.

B. All three groups use the same currency.

C. They are all interested in promoting free trade.

D. The United States is a member of all three.

2. In 1999, the U.S. announced trade sanctions worth
$116.8 million, targeting goods from France, Germany, Italy and Denmark. The sanctions were in retaliation for a ban on U.S. hormone-treated beef by which organization?

A. WTO

B. ASEAN

C. OEU

D. NAFTA

3. Those in favor of trading blocs or free trade agreements, would be opposed to

A. Decreasing Tariffs

B. Embargos

C. NAFTA

D. ASEAN

Reference no: EM133066131

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