What are regional trade blocs?

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What are regional trade blocs?

2006-11-25 10:03:26 · 2 answers · asked by Anonymous in Science & Mathematics ➔ Geography

2 answers

a regional trade bloc is a bloc concerned within a certain area & not world-wide. regional anything is something that is concentraed within a local area. blocs , whether it's political, economical or cultural, is a local area thing that affects only those within certain borders.

2006-11-25 11:12:01 · answer #1 · answered by blackjack432001 6 · 0⤊ 0⤋

Groups of countries who agree to certain terms of trade, sometimes duty free, or 'free trade'

The block is the group.

2006-11-25 10:08:27 · answer #2 · answered by b r 4 · 0⤊ 1⤋