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Lv 6
? asked in Social ScienceEconomics · 10 years ago

What are the world's largest trade blocs, either by GDP or population?

I know these are the larger trade blocs but I am not sure what order they belong in.

European Union

- 27 countries

- includes heavy weights Germany, France, United Kingdom

Asia Pacific Economic Cooperation

- 21 countries

- includes heavy weights USA, China, Japan

North American Free Trade Agreement

- 3 countries

- includes heavy weights USA, Canada

Association of Southeast Asian Nations

- 10 countries

- potential expansion to include USA, Russia, China

Cooperation Council for the Arab States

- 6 countries

- includes petroleum heavyweights Saudi Arabia, Kuwait, UAE

Are there any other major free trade blocs?

Can someone rank the trade blocs from largest to smallest based on GDP or population?

2 Answers

Relevance
  • Anonymous
    10 years ago
    Favorite Answer

    APEC, if TPP is agreeable,will cover a market 40% bigger than the EU.

    The Economist.

  • 4 years ago

    we are also a lot more beneficial than maximum countries If someone does not have coverage and they pass to the ER and do not pay their bill all of us finally end up paying for it even as the hospitals and docs boost their expenditures to conceal the loss. The more beneficial human beings in an coverage pool the decrease the coverage rates

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