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\nTrading Blocks: Types and Impacts on Businesses\n

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\nThis video covers the topic of trading blocs around the world. It describes how the rise in value and size of trade between major countries and regions has been facilitated by globalization and the integration of countries through...\nThis video covers the topic of trading blocs around the world. It describes how the rise in value and size of trade between major countries and regions has been facilitated by globalization and the integration of countries through trading blocs. The video explains the four different types of trading blocs: preferential trading areas, free trade areas, common markets, and customs unions. It also provides examples of each type and discusses their impact on businesses both inside and outside the blocs. The video concludes by considering the benefits and challenges of trading blocs for businesses, including competition and increased regulation.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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16:29
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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business, trading, comparative advantage, scale, trade, europe
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Additional Tags

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a-level, section, global, 2.3.2, blocs, trading block, tariffs imposed, common market, living standards, product standards, large scale, lecture video, uk company, european union, customs union, increased trade, cost effective, export goods, individual countries, trading agreement, countries inside, world trade, potentially, standards, union, final, economies, expand, level, effective, jobs
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Trading Blocks: Types and Impacts on Businesses\" href=\"/subscription/new\">\"Trading\n\n
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