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Economic Block is an agreement between countries, usually in the same region, where difficulties to trade are lowered or eliminated between the member states and adopt common economic policies. India is a part of which of the following regional trading blocs?
  • a)
    The North American Free Trade Agreement
  • b)
    The Mercado Comun del Cono Sur or Southern Common Market
  • c)
    The Asia Pacific Economic Cooperation
  • d)
    The South Asian Association for Regional Cooperation (SAARC)
Correct answer is option 'D'. Can you explain this answer?
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Economic Block is an agreement between countries, usually in the same ...
South Asian Association for Regional Cooperation (SAARC)
  • The South Asian Association for Regional Cooperation (SAARC) was established with the signing of the SAARC Charter in Dhaka on 8 December 1985.
  • The idea of regional cooperation in South Asia was first raised in November 1980.
  • After consultations, the foreign secretaries of the seven founding countries Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka met for the first time in Colombo in April 1981.
  • Afghanistan became the newest member of SAARC at the 13th annual summit in 2005.
  • The Headquarters and Secretariat of the Association are in Kathmandu, Nepal.
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Economic Block is an agreement between countries, usually in the same region, where difficulties to trade are lowered or eliminated between the member states and adopt common economic policies. India is a part of which of the following regional trading blocs?a)The North American Free Trade Agreementb)The Mercado Comun del Cono Sur or Southern Common Marketc)The Asia Pacific Economic Cooperationd)The South Asian Association for Regional Cooperation (SAARC)Correct answer is option 'D'. Can you explain this answer?
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Economic Block is an agreement between countries, usually in the same region, where difficulties to trade are lowered or eliminated between the member states and adopt common economic policies. India is a part of which of the following regional trading blocs?a)The North American Free Trade Agreementb)The Mercado Comun del Cono Sur or Southern Common Marketc)The Asia Pacific Economic Cooperationd)The South Asian Association for Regional Cooperation (SAARC)Correct answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Economic Block is an agreement between countries, usually in the same region, where difficulties to trade are lowered or eliminated between the member states and adopt common economic policies. India is a part of which of the following regional trading blocs?a)The North American Free Trade Agreementb)The Mercado Comun del Cono Sur or Southern Common Marketc)The Asia Pacific Economic Cooperationd)The South Asian Association for Regional Cooperation (SAARC)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Economic Block is an agreement between countries, usually in the same region, where difficulties to trade are lowered or eliminated between the member states and adopt common economic policies. India is a part of which of the following regional trading blocs?a)The North American Free Trade Agreementb)The Mercado Comun del Cono Sur or Southern Common Marketc)The Asia Pacific Economic Cooperationd)The South Asian Association for Regional Cooperation (SAARC)Correct answer is option 'D'. Can you explain this answer?.
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