CUET Preparation Today
| Assertion: Regional Trade Blocs have come up in order to encourage trade between countries with
geographical proximity, similarity and complementarities in trading items and to curb
restrictions on trade of the developing world. Reasoning: These trading blocs developed as a response to the success of the global organisations to speed up intra-regional trade. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct. |
| Assertion (A) is true but Reasoning (R) is not correct. |
| These trading blocs developed as a response to the failure of the global organisations to speed up intra-regional trade |
