What are the objectives and roles of regional trade blocks in economic development?
Answers
Objectives of regional trade blocks in economic development are....
** To provide the employment at down scale...
** To promote the small scale industries..
** To support industries to survive against market competition...
** To ensure technologies utilization..
** To provide credit in needy situation...
,,,,, Be Brainly...
Regional trading agreements offer the following benefits:
Regional trading agreements offer the following benefits:Boosts Economic Growth. Member countries benefit from trade agreements, particularly in the form of generation of more job opportunities, lower unemployment rates, and market expansions. ...
Regional trading agreements offer the following benefits:Boosts Economic Growth. Member countries benefit from trade agreements, particularly in the form of generation of more job opportunities, lower unemployment rates, and market expansions. ...Volume of Trade. ...
Regional trading agreements offer the following benefits:Boosts Economic Growth. Member countries benefit from trade agreements, particularly in the form of generation of more job opportunities, lower unemployment rates, and market expansions. ...Volume of Trade. ...Quality and Variety of Goods.