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What is the primary purpose of a trading bloc? (5 points) group of answer choices to foster political and social unity to lower manufacturing costs to reduce or eliminate tariffs to create free market economies

Sagot :

marvineetesh3

The primary purpose of a trading bloc is to reduce or to eliminate the tariffs. Option C is correct.

What is the trading blog?

A trading bloc is a kind of intergovernmental agreement, frequently part of a regional intergovernmental organization, in which trade restrictions between participating governments are decreased or totally abolished.

Trade blocs can arise as independent agreements between states or as part of a regional organization. The fundamental purpose of that type of blog is to reduce or eliminate the tariff.

Therefore, option C is correct.

Learn more about the trading blog, refer to:

https://brainly.com/question/19671382

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