Other Institutions
UPPCS
The emerging trading blocs in the world, such as NAFTA, ASEAN and the others are expected to
(A) act as constriction in free trade across the world
(B) promote free trade on the line laid down by the WTO
(C) permit transfer of technology between member countries
(D) promote trade in agricultural commodities between countries of the North and South
Important Facts
- Trading blocs like NAFTA and ASEAN promote free trade based on WTO guidelines.
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