Thursday
April 2, 2015

Homework Help: Economic

Posted by Jason on Wednesday, November 14, 2007 at 11:02pm.

The establishemnt of regional trading blocs may lead to a decline in global trade follwoing these reason. Explain why.
1. Sufficent trade diversion occurs
2. Government increase tariffs to nonmember nations to offset lost tariff revenus from coutntries participating in regional blocs.
3. Countries protect industries in which they do not have a comparative advantage.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

economics - Which of the following is given as a reason for nations NOT to ...
business - Small companies typically have difficulty competing against large ...
International Business - Small companies typically have difficulty competing ...
AIU - WHAT IS A REGIONAL TRADE BLOC? A regional trade bloc is a group of ...
History Ms. Sue - Global peace produces trade between countries. is that because...
Literacy - In global trade, when the difference between money coming into a ...
Business management class - In global trade, when the difference between money ...
History - I am to explain the role the U.S. has in the emerging globl community...
International Business - small companies typically have difficulty competing ...
Literacy - 6.The idea that countries should produce and sell goods that they ...

Members