Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

In recent decades there have been fewer trade blocs established to promote regional economic integration. True False

Sagot :

Answer: False

Explanation:

Trade bloc refers to an intergovernmental agreement, whereby the barriers to trade are eliminated among the countries that are involved.

The statement that "in recent decades there have been fewer trade blocs established to promote regional economic integration" is false.

There has been an increase in trade blocs in recent decades such as Brazil, Russia, India, China, and South Africa(BRICS), North American Free Trade Agreement(NAFTA), Association of Southeast Asian Nations( ASEAN).

They all promote economic development.

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.