Trade Blocs Flashcards
1
Q
Which two trade blocs do i study?
A
EU & ASEAN
2
Q
What are EU member states eligible for?
A
- EU structural funds, to help with Development
3
Q
How do Agricultural producers benefit in the EU?
A
Under the common agricultural policy, there are subsidies for farmers
4
Q
How many countries are there in the ASEAN bloc?
A
There are 10
5
Q
What does ASEAN work towards?
A
Peace, Freedom and Trade Liberalisation
6
Q
Which industry in the Philippines has benefitted from ASEAN?
A
The manufacturing industry
