GENERAL KNOWLEDGE

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GK

INTERNATIONAL ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This organization allows free trade among the United States, Canada, and Mexico and has helped with trade, created jobs, and encouraged the economic growth of its members.
A
North Atlantic Treaty Organization (NATO)
B
North American Free Trade Agreement (NAFTA)
C
United Nations (UN)
D
World Trade Organization (WTO)
Explanation: 

Detailed explanation-1: -North American Free Trade Agreement (NAFTA) established a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994. NAFTA immediately lifted tariffs on the majority of goods produced by the signatory nations.

Detailed explanation-2: -The United States commenced bilateral trade negotiations with Canada more than 30 years ago, resulting in the U.S.-Canada Free Trade Agreement, which entered into force on January 1, 1989. In 1991, bilateral talks began with Mexico, which Canada joined.

Detailed explanation-3: -The United States is Member of the World Trade Organization (WTO), and the Marrakesh Agreement Establishing the World Trade Organization (WTO Agreement) sets out rules governing trade among the WTO’s 154 members.

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