which trade organization is responsible for 90% of the worlds trade? the eu asean the wto nafta
which trade organization is responsible for 90% of the worlds trade? the eu asean the wto nafta
Answer
Brief Explanations:
The World - Trade Organization (WTO) is a global international organization dealing with the rules of trade between nations. It has a large membership and is involved in a vast amount of world - trade, accounting for a significant portion, close to 90% of global trade. The EU is a union of European countries mainly focused on European integration and trade within and related to Europe. ASEAN is a regional organization in Southeast Asia for promoting economic cooperation among its member states. NAFTA (now USMCA) was a trade agreement between North - American countries.
Answer:
C. the WTO