Multiple choice

SAFTA refers to

  1. South Asian free Trade Area

  2. South American foreign trade area

  3. South Atlantic free trade area

  4. South African foreign trade area
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A Correct answer
Explanation

SAFTA (South Asian Free Trade Area) is a regional trade agreement among SAARC nations to promote trade liberalization in South Asia. It came into effect in 2006 and includes India, Pakistan, Bangladesh, Sri Lanka, and other South Asian countries. The other options incorrectly reference different geographic regions.

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