Export from a European and a global perspective - International cooperation and regional formation of blocs

5 important questions on Export from a European and a global perspective - International cooperation and regional formation of blocs

What did efforts to achieve free trade led on?

  1. International cooperation
  2. The formation of regional blocs

What types of trade blocs are there?

  1. The preferential area
  2. The free trade area
  3. The tariff union
  4. The customs union

What sorts of free trade areas are there?

  • EFTA (European Free Trade Agreement)
  • CEFTA (Central European Free Trade Agreement)
  • NAFTA (North American Free Trade Association)
  • CBI (Caribbean Basin Initiative)
  • Mercosur
  • APEC (Asian Pacific Economic Cooperation)
  • SADC (Southern African Development Community)
  • Ecowas (Economic Community of West African States)
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What is a tariff union?

The participating countries abolish internal import duties and impose a common tariff of import duties on goods from other countries.

Harmonisation is effected by the foundation of...

Economic Unions

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