Questions: In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are A. none of these agreements remaining. B. more than 10,000 of these agreements. C. more than 230 of these agreements. D. 30 of these agreements.

In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are
A. none of these agreements remaining.
B. more than 10,000 of these agreements.
C. more than 230 of these agreements.
D. 30 of these agreements.

Transcript text: In 1990, there were 50 bilateral agreements and regional trade agreements between countries. Today there are A. none of these agreements remaining. B. more than 10,000 of these agreements. C. more than 230 of these agreements. D. 30 of these agreements.

Solution

The answer is C: more than 230 of these agreements.

Explanation for each option:

A. None of these agreements remaining: This is incorrect. Bilateral and regional trade agreements have not disappeared; in fact, they have increased significantly over the years.

B. More than 10,000 of these agreements: This is incorrect. While the number of trade agreements has grown, it has not reached such an extraordinarily high number.

C. More than 230 of these agreements: This is correct. Since 1990, the number of bilateral and regional trade agreements has increased substantially. According to the World Trade Organization (WTO), there are now over 300 regional trade agreements in force, which supports this option.

D. 30 of these agreements: This is incorrect. The number of agreements has increased rather than decreased to such a low number.

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