A level Business Revision - Trading Blocs

This video for A level Busines students explains the concept of a trading bloc, examining the different forms of integration that can exist between the members of trading blocs. Trading blocs is a topic on the A level Business syllabus for Edexcel, OCR and Eduqas.
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DISCLAIMER: Be sure to consult the exam board specification of the qualification you are studying to discover what you are expected to know for your syllabus.

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[@fatimasohail1324]

what happens if a country leaves a trading bloc like the UK leaving the EU

[@jd.cd2493]

Tariffs and quotas will apply when they trade with any nation in the bloc