What motivates countries to join regional trade blocs?

A.) removing barriers to trade protects from influence of foreign markets.

B.) increasing tariffs adds to the national GDP.

C.) eliminating barriers to trade benefits the economies of member nations.

D.) expanding trade relationships reduces cultural diffusion.

Question

Geography

Melvin Dominguez

13 January, 21:24

What motivates countries to join regional trade blocs?

A.) removing barriers to trade protects from influence of foreign markets.

B.) increasing tariffs adds to the national GDP.

C.) eliminating barriers to trade benefits the economies of member nations.

D.) expanding trade relationships reduces cultural diffusion.

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Answers (1)

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Kimberly · Answer 1

C.) eliminating barriers to trade benefits the economies of member nations.

A trade bloc is an intergovernmental organization where tariff barriers are eliminated among the member nations.