Social Sciences, asked by arskgrsd5014, 10 months ago

Major difference between regionlism and multilaterlism

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Answered by jithujilladi6
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Answer:

Explanation:

The difference between the two is that, one creates a liberalised trading regime at the regional level, the other aims at creating the same at the global level. This led to the belief by the GATT contracting parties that regionalism might aid multilateralism.

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