Asked by Bridger Johnson on May 21, 2024
Verified
A number of countries have joined together in Europe, Asia, Africa, and Latin America to coordinate their regional economies. Which of the following has NOT been an objective of such cooperation?
A) Creation of "regional" legislatures with actual powers.
B) Lowering of tariffs or removing other trade barriers.
C) Providing adequate and effective enforcement of intellectual property rights.
D) Establishing an economic and monetary union.
Regional Legislatures
Government bodies responsible for making laws within specific geographical areas smaller than the national level, such as states or provinces.
Trade Barriers
Measures implemented by countries to regulate or restrict international trade, such as tariffs and quotas.
- Understand the framework and development of key global economic institutions and pacts.
Verified Answer
SM
Sheila Marie GacutanMay 24, 2024
Final Answer :
A
Explanation :
Regional cooperation efforts typically focus on lowering trade barriers, enforcing intellectual property rights, and, in some cases, establishing economic and monetary unions. The creation of "regional" legislatures with actual legislative powers is not a common objective of these cooperations, as the focus is more on economic rather than political integration.
Learning Objectives
- Understand the framework and development of key global economic institutions and pacts.
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