Definition of Trading bloc:
A set of countries which engage in international trade together, and are usually related through a free trade agreement or other association.
A group of nations (or occasionally other political units) united by a trade agreement or agreements.
How to use Trading bloc in a sentence?
- The European Union is involved in a rather substantial trading bloc with the U.S. so that good flow freely across the Atlantic Ocean.
- You should try and offer something on the trading bloc if you do not want it any more and think it has value.
- 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.
Meaning of Trading bloc & Trading bloc Definition