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Trade Blocs

| ˜ ¯rade bloc  


  
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  "regional ¯rade (or in¯egra¯ion)
agreemen¯
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Àain Trade blocs in ¯ e World
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^e els of In¯egra¯ion
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 ×ree ¯rade agreemen¯
 Yus¯oms unions
 Yommon marke¯
 conomic union
×ree Trade Agreemen¯
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Yus¯oms Unions
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conomic Union
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mergence of Trade Blocs
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conomic ffec¯s of Trade Blocs
| S¯a¯ic ffec¯s-      
       
5   
 Trade Yrea¯ion
 Trade Di ersion
 Welfare Implica¯ion
| Dynamic ffec¯s
 Àarke¯ Power
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Dynamic ffec¯s
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GA×TA (Gor¯ American Trade
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×TA (uropean ×ree Trade
Associa¯ion)
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