38
QuizMultiple Choice

N/A — Exam

Question 38 • Economics

Which organization created a shared economy?

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

Explanation

The European Union created a shared economy among its member countries by encouraging economic integration and establishing a common market. This allows goods, services, capital, and people to move more freely across member states. The WTO promotes international trade rules, while ASEAN and NAFTA are regional trade groupings with different arrangements.

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