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What are the pros and cons of creating regional trade agreements? Are they stepping stones or obstacles to a more effective trading system? Define WTO.

What are the pros and cons of creating regional trade agreements? Are they stepping stones or obstacles to a more effective trading system?

Define WTO. In what ways do you think the WTO is still essential to global trade? Discuss how a private-sector firm would use the WTO to protect its business interests.

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Pros and cons of regional trade agreements Impacts of regional trade agreements depend on the extent to which the agreement is still in the free trade area or has formed an economic union Benefits of ... blur-text-image

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