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

Bucko

Geography

10 November, 22:21

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.

+2

Answers (1)

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King Parsons · 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.