Which is NOT related to Regional Trade Blocks?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → United Nations (UN)
A regional trade bloc is a group of countries of one region that remove trade tariffs among themselves to encourage trade.
Option (1) Association of South East Asian Nations (ASEAN) — A regional trade bloc. Its members are the countries of South-east Asia, with headquarters at Jakarta.
Option (2) Commonwealth of Independent States (CIS) — A regional trade bloc. Its members include Russia, Belarus, Ukraine and Kazakhstan, with headquarters at Minsk.
Option (3) European Union (EU) — A regional trade bloc. It joins the countries of Europe into a single market with a single currency.
Option (4) United Nations (UN) — Not a regional trade bloc. It is not a trade bloc of one region.
Note: The list of trade blocs in this question is taken from the pre-rationalised NCERT book. The latest edition (2026-27) does not have this part. An extract of the pre-rationalised NCERT book is given below for the benefit of students.
NCERT (2026-27): “Regional Trade Blocs … 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. Today, 120 regional trade blocs generate 52 per cent of the world trade.”
Pre-rationalised NCERT:
Table 9.3: Major Regional Trade |
