9. Explain: Free-trade zones such as the EU and NAFTA lead a double life: They can promote...
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9. Explain: “Free-trade zones such as the EU and NAFTA lead a double life: They can promote free trade among members, but they pose serious trade obstacles for nonmembers.” Do you think the net effects of trade blocs are good or bad for world trade?
Why? How do the efforts of the WTO relate to these trade blocs? LO5
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Related Book For 
Essentials Of Economics
ISBN: 9780077502140
3rd Edition
Authors: Stanley Brue, Campbell McConnell, Sean Flynn
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