Trade Blocs

TRADE BLOCS Prepared by Punit Dadhaniya

AGENDA OF PRESENTATION INTRODUCTION WORLD TRADE BLOCS ACTIVITIES OF TRADE BLOCS TRADE BLOCS REFLACTION GENERAL DEBATES ON TRADE BLOCS THE ROLE AND FUNCTION OF TRADEBLOCS MAJOR TRADE BLOCS REFERENCES

TRADE BLOCS The concept of trade blocs crucial in the

context of international trade blocs are free trade zone designed to encourage trade activities across nations.

WORLD TRADE BLOCS EUROPEAN FREE TRADE ASSOCIATION(EFTA) NORTH AMERICAN FREE TRADE AGREEMENT

(NAFTA) ORGANIZATION OF PETROLIAM EXPORTING COUNTRIES (OPEC) ASSOCIATION OF SOUTH EAST ASIA NATIONS (ASEAN) SOUTH ASIAN ASSOCIATION FOR REGIONAL CORPORATION (SAARC)

ACTIVITIES OF TRADE BLOCS THE NUMBER OF LATEST AGREEMENT

MEETINGS AND OTHER ACTIVITIS UNDERTATAKEN BY THE TEGIONAL TRADE BLOCS HE PATTERN OF FUTURET PLANNING REGARDING TRADE PRAMOTION AND FOCUS ON INTERGOVERMENTAL ASSOCIATIONS AND QUICKER TIMEFRAME FOR POLICY IMPLEMENTATION. NUMBER OF

TRADE BLOCS REFLECTION In this complex world of international trade, to

sustain the competition from developed countries and to achieve competitive and strategic benefits, developing countries are resorting to trade alliances among themselves, which make them combat hegemonic power with a collective strength during the down of the twentieth century and after the world wars, many regional economic blocs come in different forms-free trade areas,

GENERAL DEBATES

THE ROLE AND FUNCTION OF TRADE BLOCS TRADE BLOCS ACTIVITIES POLITICAL AS WELL

AS ECONOMIC IMPLICATIONS. EG. THE EUROPIAN UNION THE WORLD LARGEST TRADING BLOCS HAS HARBORED POLITICAL AMBITION EXTENDING FAR BEYOND THE FREE TRADING ARRANGEMENT SOUGHT BY OTHER MULTISTAGE REGIONAL ECONOMIC ORGANIZATIONS.

FIVE YEAR AVERAGE

REFERENCES Bliss, C.J. (1944) economic theory and policy for

trading blocs Brohman j. (1995) universalism eurocentrismand ideological bias in development studies Hunt d.(1989) economic theories of development an analysis of competing peradigams newyork ; harvester wheatsheaf O’brien,R.(1992) global financial integration ; an analytic survey of recent literature. United nations conference on trade and development (UNCTAD). (1999) handbook of trade and development statistics 1996/97. geneva:united nations 

Thank you 

QUESTIONS