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第12章trade blocs and trade blocks
Chapter Twelve Trade Blocs and Trade Blocks贸易集团和贸易禁令 Trade Blocs and Trade Blocks Trade Blocs: each member country can import from other member countries freely, or at least cheaply, while imposing barriers against imports from outside countries. Trade embargoes: some countries discriminate completely against certain other countries, for a policy dispute. Block exports to or imports from, even block both exports and imports. Types of Economic Blocs Preferential Trade Arrangement: provide lower barriers on trade among participating nations on trade than with nonmember nations. Free-trade area:
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