15
QuizMultiple Choice

Trade Agreements — Cumulative exam

Question 15 • * HSA 26-27 Economics

Which organization created a shared economy?

Answer
A
European Union
B
World Trade Organization
C
North American Free Trade Agreements
D
Association of Southeast Asian Nations

Explanation

The European Union created a shared economic area among its member countries, including a single market that allows goods, services, capital, and people to move more freely across borders. The World Trade Organization sets global trade rules, while the other choices are regional trade or cooperation organizations rather than the shared economy described here.

AI-written and checked against the verified answer.

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