which trade organization is responsible for 90% of the worlds trade?\no the eu\no asean\no the wto\no nafta

which trade organization is responsible for 90% of the worlds trade?\no the eu\no asean\no the wto\no nafta

which trade organization is responsible for 90% of the worlds trade?\no the eu\no asean\no the wto\no 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 about 90% of the world's trade. The EU (European Union) is a union of European countries mainly focused on European - level integration. ASEAN (Association of Southeast Asian Nations) is a regional organization in Southeast Asia. NAFTA (North American Free Trade Agreement, now replaced by the US - Mexico - Canada Agreement) is a trade agreement among North American countries.

Answer:

the WTO