Examveda

Identify the correct statement.

A. The Maastricht Treaty signed in February 1992 renamed European Community (EC) as European Economic Community (EEC)

B. The main objective of the formation of ASEAN Free Trade Area in 1993 was to soften the restrictions on the movement of professionals in the region and helping poorer countries

C. The SAARC is a regional grouping scheme among Six South Asian Countries

D. The European Union, including European Monetary Union, was the biggest and most important regional integrative scheme

Answer: Option D


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Related Questions on Business Environment and International Business

Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true