Which among the following trade blocs are based in North America?
1. NAFTA
2. SACU
3. CARICOM
4. CACM
Select the correct option from the codes given below:

Answer: [D] Only 1, 3 & 4

The North American economy is well defined and structured in three main economic areas. These areas are the North American Free Trade Agreement (NAFTA), Caribbean Community and Common Market (CARICOM), and the Central American Common Market (CACM). The Southern African Customs Union (SACU) was established in 1910, making it the world’s oldest Customs Union. It consists of Botswana, Lesotho, Namibia, South Africa, and Swaziland. The SACU Secretariat is located in Windhoek, Namibia.

This question is a part of GKToday's Integrated IAS General Studies Module