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Describe the benefits and drawbacks of a country establishing a regional trade alliance.

Answers

Answer 1

What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.

Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.

Answer 2

Answer:

The benefits are that you will get so much more than you originally did but a drawback would be that if both lands start to go into a state where they cant produce things the other needs then both lands are finished.

Explanation:

Its really all just logic

Related Questions

There are four steps in the manufacturing process of a stuffed toy: cutting, stuffing, sealing, and packaging. There are two employees each for cutting and stuffing but one each for sealing and packaging. The processing times of cutting, stuffing, sealing, and packaging are 8, 5, 3, and 2 seconds per toy. What is the bottleneck in the process? Packaging Stuffing Sealing Cutting

Answers

Answer:

i think its cutting, take the most time

Explanation:

The bottleneck in the manufacturing process is cutting. Option (d) is the correct answer.

What do you mean by Bottleneck?

A bottleneck in a production system is a point of congestion that slows or stops progress. Short-term bottlenecks are usually caused by a labor shortage. Long-term bottlenecks are more deeply embedded in the system and are distinguished by inefficient machinery or processes.

A process bottleneck is a work stage that receives more work requests than it can process at its maximum throughput capacity. This disrupts the flow of work and causes delays throughout the manufacturing process.

A population bottleneck occurs when the size of a population is drastically reduced. A bottleneck can be caused by a variety of events, such as an environmental disaster, the extinction of a species, or habitat destruction, which results in the death of organisms.

Therefore, Option (d) is correct.

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What is one of the drawbacks of an Internet-based survey?

Answers

Answer:

Only those interested in your field will respond

Explanation:

Only those interested in your field will respond.

hope this helps :)

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