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प्रश्न
Explain the co-relationship between the following:
Economic interest and formation of Trade blocs.
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उत्तर
- When a number of countries reach unique economic accords, a trade bloc is created.
- These accords are designed to safeguard and advance the interests of the bloc's members.
- These agreements typically concentrate on lowering or eliminating trade restrictions, such as tariffs and quotas.
- In 2006, the SAARC nations signed a free trade pact.
संबंधित प्रश्न
Observe the map in the textbook and answer the following question.

- Name any four countries in the Schengen area.
- Name any two non-European Union countries within the Schengen area.
ASEAN Regional Association was established in ______.
'Maastricht' Treaty was signed in ______.
In the European Parliament, ______ members are elected for five years.
Find the odd word in the given set:
Countries in the Eurozone -
Find the odd word in the given set:
Write the following statement is True or False with reason.
The main objective of the G-20 was financial stability.
State whether the following statement is true or false with reason.
Many new nation-states emerged in Europe in 1990's.
State the appropriate concept for the given statement:
European countries having 'Euro' as currency.
Find the odd word in the given set and write:
BRICS Members:
