Leading Economic Blocs
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7.6 Identify the leading economic blocs.
The leading economic blocs are illustrated in Exhibit 7.9. Europe has the longest experience with regional integration and is home to several economic blocs. The most important of these are the EU and the European Free Trade Association.
Exhibit 7.9
The Most Active Economic Blocs
The European Union
In 1957, six countries—Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany—formed an alliance called the European Economic Community ...
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