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Interactive Quiz

Test your knowledge from the video lesson.

What is a Preferential Trade Agreement (PTA)?
Which stage of regional economic integration includes the free mobility of labor and capital among member states?
What is one of the main reasons for the increase in intra-PTA trade from 1990 to 2008?
What is the primary focus of neomercantilist explanations for the rise of regional integration?
Which agreement replaced the nonreciprocal preferences of the Lomé Conventions with reciprocal 'economic partnership' agreements?
What was a significant characteristic of the first wave of PTAs?
What was one of the key changes in the USMCA compared to NAFTA?