A group of nations in a geographic region undergoing economic integration is called a ________.
A)regional trade area
B)regional market
C)regional trading bloc
D)foreign direct investment bloc

Question

Quizplus · Accepted Answer

A group of nations undergoing economic integration is called a regional trading bloc. This can involve the reduction or elimination of trade barriers, such as tariffs and quotas, among the participating nations. Examples of regional trading blocs include the European Union, NAFTA, and ASEAN.

A Group of Nations in a Geographic Region Undergoing Economic