118. The agreement of the member-states of the Central American Common Market joined by
the Dominican Republic to trade freely with the United States is known as _____.
119. Which of the following is the aim of the Central America Free Trade Agreement?
120. Which of the following refers to an association of English-speaking Caribbean states that
are attempting to establish a customs union?
121. Which of the following is the goal of the Caribbean Single Market and Economy?
122. Which of the following is a major obstacle to the establishment of the Free Trade Area of
the Americas?
123. The _____ refers to an attempt to establish a free trade area between Brunei, Cambodia,
Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
124. Which of the following is true of the Asia-Pacific Economic Cooperation (APEC)?
125. Which of the following is true with regard to the Asia-Pacific Economic Cooperation
(APEC)?
126. Which of the following is true of the East African Community (EAC)?
127. Which of the following is a threat facing the emergence of single markets?
128. Briefly describe the concept of regional economic integration.
129. Differentiate between a free trade area and a customs union. Provide an example of each
form of economic integration.