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What Is a Trading Bloc? Identify Four Major Trading Blocs

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Essay

What is a trading bloc? Identify four major trading blocs and the area of the world in which the member countries are located.


Definitions:

Contract

An agreement between two or more parties that is enforceable by law.

Responsibilities

Duties or tasks that an individual is expected or required to perform.

Eye Contact

The act of looking directly into someone else's eyes, which is an important non-verbal form of communication indicating attention, interest, or social connection.

Self-Concept

An individual's perception of their own identity, characteristics, abilities, and values.

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