Reduction in trade barriers is associated with the emergence of which of the following?

Question

Quizplus · Accepted Answer

Reduction in trade barriers is often associated with the formation and strengthening of regional economic integration blocs, such as the European Union (EU), the North American Free Trade Agreement (NAFTA), and the Association of Southeast Asian Nations (ASEAN). These blocs aim to facilitate trade among member countries by reducing tariffs and other barriers to trade.

Reduction in Trade Barriers Is Associated with the Emergence of Which