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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.
State whether the following statement is true or false with reason.
SAARC is important for trade in South Asia.
Complete the concept map.

Complete the following concept map.

Write the answers to the following questions by observing the following map.

- Write the names of Schengen and the two countries which are members of the European Union.
- Write the names of two countries which are not members of Schengen but are members of the EU.
- Write the name of a country which is not a member of the European Union but a member of Schengen.
Explain the details of the next regional organization.
SAARC
State whether the following statement is true or false with reason.
Many new nation-states emerged in Europe in 1990's.
Give a brief account of the European Union (EU).
Express your opinion.
The vote in favour of Brexit goes against the concept of globalisation.
Observe the given map and answer the following questions:

- Write the name of three countries of European Union who are members of the Euro zone. (3)
- Write the names of two countries of the European Union who are not members of the Euro zone. (2)
