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alexgriva [62]
3 years ago
12

What motivates countries to join regional trade blocs?

Social Studies
2 answers:
Brrunno [24]3 years ago
5 0

Answer:

Eliminating barriers to trade benefits the economies of member nations

Explanation:

In today’s world, it is very difficult for a country to be totally isolated and survive in the global market. The competition is very strong and because of that, regional trade blocs were created.

Regional trade blocs are economic alignments that unite countries within a shared region, such as Mercosul, Europe Union, NAFTA, and others.

Regional Trade Blocs aim to reduce or eliminate trade barriers between those countries, this way products from those countries are sold cheaper than others.

ollegr [7]3 years ago
3 0
1) - removing barriers to trade does not protect from foreign influence - false.
2) regional trade blocks are usually correlated with decreasing, not increasing tariffs - false.
3) this it true - and this is the reason - correct answer
4) it increased, not reduces diffusion- not the correct answer
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According to the question, Dr. Jenka has raised a research question by inquiring about the impact of war in Afghanistan and Iraq on children's elevated fear and concern.This will help him to start the research on that subject.

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This chapter provides a historical framework for consideration of today’s debates over privatization. Changes in policies and practices are never free of the inertia of history. Some of the key pressures for change today have resulted from past action (or inaction), and today’s practices have evolved from specific problem-solving histories.

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Explanation:

4 0
2 years ago
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Answer:

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