Question

Regional trade associations account for more than ....of world trade.
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Answer 1

Answer:

Regional trade agreements (RTAs) have risen in number and reach over the years, including a notable increase in large plurilateral agreements under negotiation. Non-discrimination among trading partners is one of the core principles of the WTO; however, RTAs, which are reciprocal preferential trade agreements between two or more partners, constitute one of the exemptions and are authorized under the WTO, subject to a set of rules. Information on RTAs notified to the WTO is available in the RTA Database