IGNOU IBO 1 2014 - Regional Economic Groupings

Question

Regional Economic Groupings

04 Dec 2017

Answer :

Word Count : 290

Regional economic groupings are institutional factors which an international marketer must take into account. There are several ways in which these groupings can influence his marketing operations:

1. If the formation of the grouping results in substantial trade creation, the resultant increase in income and investment can lead to an increase in the imports of the grouping as a whole.
2. On the

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