trading bloc

  

Definition

A set of countries which engage in international trade together, and are usually related through a free trade agreement or other association.

Use trading bloc in a sentence

  • The European Union is the most successful trading bloc, and their are efforts in Eurasia, Africa, Asia, and Central and South America to duplicate the sucess.

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  • You should try and offer something on the trading bloc if you do not want it any more and think it has value.

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  • The European Union is involved in a rather substantial trading bloc with the U.S. so that good flow freely across the Atlantic Ocean.

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