9
lesson pretestMultiple Choice

Pretest

Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Which trade organization is responsible for 90 percent of the world’s trade?

Answer
A
ASEAN
B
the WTO
C
NAFTA
D
the EU

Explanation

The World Trade Organization (WTO) oversees rules for international trade among its member economies, which account for about 90 percent of world trade. ASEAN, NAFTA, and the EU are regional organizations or trade agreements, so they cover a smaller share of global trade.

AI-written and checked against the verified answer.