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Business Theme 4.1 > Trading Blocs > Flashcards

Trading Blocs Flashcards

1
Q

Trading bloc defined

A

A trading bloc is a type of intergovernmental agreement to reduce regional trade barriers

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2
Q

Trade bloc expansion defined

A

Expansion of a trading bloc; the process of more countries joining an existing trading bloc, thereby making it expand

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Business Theme 4.1 (5 decks)

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