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Macro 13 > 4.1 - Trade Bloc Impacts > Flashcards

4.1 - Trade Bloc Impacts Flashcards

1
Q

What are the main advantages for bloc members?

A

Free trade
Market access + trade creation
EoS
Jobs
Protection

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2
Q

What are the main disadvantages for bloc members?

A

Loss of benefits
Trade distortion
Inefficiencies
Trade diversion

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Macro 13 (61 decks)

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