Trade Blocs

Free trade means 

• the countries use the same currency
• No trade barriers
• there is a quota on some goods
• trade is quick and easy

Tags

CCSS.RL.6.7

CCSS.RI.6.7

CCSS.RL.5.7

CCSS.RL.7.7

CCSS.RI.5.7

What is the purpose of NAFTA?

• To increase trade between the countries of North America

• To help Canada become a more independent nation

• To eliminate the environmental issues between the nations involved

NAFTA is an agreement between all of the following countries EXCEPT

• United States
• Mexico
• Great Britain
• Canada

A trade bloc made up of European countries.

• The European Union

• The Europe Coal and Steel Community

• The Bretton Woods Agreement

ASEAN is a trade bloc made of southeastern ____ nations.

• African

• Australian

• Asian