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bearhunter [10]
3 years ago
11

What motivates countries to join regional trade blocs? removing barriers to trade protects from influence of foreign markets inc

reasing tariffs adds to the national GDP eliminating barriers to trade benefits the economies of member nations expanding trade relationships reduces cultural diffusion
Social Studies
2 answers:
Keith_Richards [23]3 years ago
7 0

The correct answer is: "eliminating barriers to trade benefits the economies of member nations".

Regional trade blocks are intergovernment treaties through which several countries agree to eliminate trade barriers among its members, so that they can enjoy free trade within the region. Moreover, they establish a joint external trade policy, setting tariffs and other trade barriers to cope with competitors from outside the block.

nlexa [21]3 years ago
4 0
Oftentimes it is "removing barriers to trade" that motivates countries to join regional trade blocs, since members of such "blocks" have completely free trade with one another. 
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