Trading blocs
A collection of countries that join together to offer preferential trade terms
What is trading bloc?
Elimination of taxes leads to lower prices for consumers in member countries
What is No Traiff?
Trading Bloc will negatively impact Jamaica as a country to make its own decision.
What is The loss of Sovereignty?
The exchange of commodities and services between countries.
What is International Trade?
Free flow also increases access to a wider variety of goods.
What is a variety of products?
The expense of trading with members outside of Trading bloc.
What is the High cost of Trade?
What is International Relations?
Unable to be apart of another trading bloc at the same time.
What is trading bloc restrictions?