Many global economists believe the movement toward free trade areas and common markets is bad news for poorer countries that aren't members of a trading bloc.
To date,common markets and free trade areas have strengthened ties between developed nations.Many global economists worry that if this trend continues,poor,developing nations,excluded from the major blocs,will suffer economically.
Correct Answer:
Verified
Q142: China is currently one of the three
Q143: China and Russia present enormous trading opportunities.
Q160: While Asia represents an important source of
Q167: The North American Free Trade Agreement (NAFTA)requires
Q168: The "China price" means the market value
Q169: The traditional Japanese keiretsu has increased trade
Q172: The purpose of enacting some type of
Q173: The nation of New Maraguay has a
Q174: A more recent free trade agreement between
Q175: A small Italian grocery store in a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents