PREFERENTIAL TREATMENT THROUGH TRADING BLOCS

[abhishreshthaa]

PREFERENTIAL TREATMENT THROUGH TRADING BLOCS


Some countries from small regional and offer special concessions and preferential treatment to member-countries.


As result, trade develop among the member countries and give benefits to all participating members.


However trade with non members is discouraged. This naturally acts as non tariff trade barrier.


Even trade agreements and join commissions are used as non tariff barriers as they restrict free movement of goods at the international level.

 

[bhautik.kawa]

PREFERENTIAL TREATMENT THROUGH TRADING BLOCS


Some countries from small regional and offer special concessions and preferential treatment to member-countries.


As result, trade develop among the member countries and give benefits to all participating members.


However trade with non members is discouraged. This naturally acts as non tariff trade barrier.


Even trade agreements and join commissions are used as non tariff barriers as they restrict free movement of goods at the international level.

Hello Friend,

here i am sharing Paper Study on Trade blocs, currency blocs and the reorientation of world trade in the 1930s , please check attachment below.

Thank you!