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3 Jan 2018

What are the pros and cons of regional trading blocs ?

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Deanna Hettinger
Deanna HettingerLv2
5 Jan 2018
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Related questions

Arguments for and against regional trading blocs and the effects it has on people, jobs, companies, cultures, and living standards.

Some governments across the Americas are strong supporters of the Free Trade Area of the Americas (FTAA). This is true despite evidence that small companies typically have difficulty competing against large multinationals when their nations take part in regional trading blocs.

1. Do you think the FTAA would improve living standards in small countries (such as Ecuador and Nicaragua) or benefit only the largest nations such as Canada and the United States? Explain.

2. what can national governments do to help small companies compete in large trading blocs like the FTAA?

Please answer in complete sentences. Respond in 150 words

1) Do you think that trading blocs are here to stay, or are they a step on the way to larger blocs and eventual global trading agreements?

2)Could larger blocs split apart again in simpler integration forms, or are they on their way to becoming new, united countries on the model of the United States?

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