10
QuizMultiple Choice

Currencies and Exchange Rates — Unit test

Question 10 • GA-GSE Personal Finance and Economics

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

Answer
A
the EU
B
ASEAN
C
the WTO
D
NAFTA

Explanation

The World Trade Organization (WTO) oversees rules for international trade and is commonly described as covering about 90% of world trade through its member economies. The EU, ASEAN, and NAFTA are regional trade groupings, rather than the organization associated with that global share. Therefore, the correct choice is the WTO.

AI-written and checked against the verified answer.

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