Economy, asked by sakshipandey2403, 8 months ago

Limitation of regional trade agreements​

Answers

Answered by Anonymous
3

Answer:

cited as a limiting factor for economic globalization, as they tend to localize areas of trade, effectively barring states outside of the agreement from entering thanks to higher tariffs and restrictions.

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Answered by AreeshaN
0

Answer:

Regional trade agreements have also been cited as a limiting factor for economic globalization.

Explanation:

Regional trade agreements have also been cited as a limiting factor for economic globalization, as they tend to localize areas of trade, effectively barring states outside of the agreement from entering thanks to higher tariffs and restrictions.

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