Monday
October 20, 2014

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

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 ...
International Business - small companies typically have difficulty competing ...
economics - Which of the following is given as a reason for nations NOT to ...
Business - Small companies typically have difficulty competing against large ...
Business - Small companies typically have difficulty competing against large ...
business - Small companies typically have difficulty competing against large ...
international business - Small companies typically have difficulty competing ...
Int'l Business - Small companies typically have difficulty competing against ...

Search
Members