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What Are Regional Trading Bloc Agreements

Question 82

Multiple Choice

What are regional trading bloc agreements?  


A)  They restrict output and increase prices. 
B)  They require nations to coordinate monetary and fiscal policy in order to enhance trading opportunities. 
C)  They are special trade deals between countries in the same geographic area, which discriminate against countries outside that area. 
D)  They require all nations in a specified region to trade only with other countries in the same geographic area.

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