formation of regional economic groupings does not lead to trade diversion
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With regional economic grouping both or different economies reach to an agreement and select the suppliers for their particular demand with economical pricing and delivering particular goods. ... so if there are regional economic grouping exist then it reduce the diversion.
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wíth rєgíσnαl єcσnσmíc grσupíng вσth σr díffєrєnt єcσnσmíєs rєαch tσ αn αgrєєmєnt αnd sєlєct thє supplíєrs fσr thєír pαrtículαr dєmαnd wíth єcσnσmícαl prícíng αnd dєlívєríng pαrtículαr gσσds. ... sσ íf thєrє αrєrєgíσnαl єcσnσmíc grσupíng єхíst thєn ít rєducє thє dívєrsíσn.
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