Grouping of states, nations or countries with an agreement to remove restrictions on trade to participants of the agreement. Conversely however, critics Claim that such treaties have the effect of stifling free trade in foreign exchange. An example of a trade bloc is the grouping of the United States, Mexico and Canada, known as NAFTA.
Browse by Subjects
See All Related Terms »
diluted earnings per share
cost based price
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):