Trade Blocs, Zones & Flows

1. Define 'trading bloc'. 

2. Use this WEF link to make brief notes on the 6 blocs mentioned. Try to highlight the following:

• • aims

  • achievements

  • challenges encountered

3. Trading blocs have often include economic migration controls and rules. Identify changes in these controls and rules from one or the other of these options;

• Brexit - what has been the impact of the UK leaving the EU trading bloc?

• Renegotiation of NAFTA - why did the US renegotiate this deal and what does it change? More detail here. 

• 4. Distinguish between EPZs and FTZs.