Which agreement connects the US with Central American nations plus the Dominican Republic?

Which agreement connects the US with Central American nations plus the Dominican Republic?

• A. CAFTA-DR.
• B. NAFTA.
• C. USMCA.
• D. ASEAN.

Answer: (A)

This question tests your knowledge of regional trade agreements and which one includes the United States along with Central American nations and the Dominican Republic. The agreement is the Dominican Republic-Central America Free Trade Agreement, known as CAFTA-DR. It creates a free trade area between the United States and six countries: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic, with the goal of reducing tariffs on most goods and establishing common rules to promote trade and investment. This distinguishes it from NAFTA and its successor USMCA, which involve Canada and Mexico, and from ASEAN, which is in Southeast Asia.

This question tests your knowledge of regional trade agreements and which one includes the United States along with Central American nations and the Dominican Republic. The agreement is the Dominican Republic-Central America Free Trade Agreement, known as CAFTA-DR. It creates a free trade area between the United States and six countries: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic, with the goal of reducing tariffs on most goods and establishing common rules to promote trade and investment. This distinguishes it from NAFTA and its successor USMCA, which involve Canada and Mexico, and from ASEAN, which is in Southeast Asia.