Question

1. Which trading bloc is NOT made primarily of Latin American nations?

Answer 1

The correct answer to this open question is the following.

Although there are no options attached or another kind of reference, we can say that the trading block that is not primarily made of Latin American nations is NAFTA.

The North American Free Trade Agreement or NAFTA was signed in 1992 by the Presidents of the United States, México, and Cánada. NAFTA is the second largest free trade agreement after the European Union. It has favored free trade between the three countries and helped their economies. Recently reviewed by the Congress of the three countries, NAFTA changed to USMCA, the United States, México, and Canada Agreement.