alleryStart learning →About 120 regional trade blocs generate what share of world trade?
A12 per cent
B92 per cent
C25 per cent
D52 per cent
Answer & Solution
Correct answer: D. 52 per cent
1. Trade blocs join nearby, complementary countries.
2. 120 blocs generate 52 per cent of world trade.
3. They remove tariffs within the bloc.
_Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._
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