Regıonal Organızatıons Deneme Sınavı Sorusu #1067783
Which of the following is not one of the aims of Economic Cooperation Organizations?
having a win-win affect |
facilitating and fostering trade relations and economic cooperation in between States that usually share common borders |
reducing and even lifting trade barriers, tariffs and other restrictions |
increasing trade volumes and fostering the regional economy as a whole |
defending themselves against an armed attack individually or collectively |
It is assumed and expected that establishing institutional mechanism among States which are not only trade-partners but have interdependent and even complementary economies would have a win-win affect. Such solidarity organizations are established in order to facilitate and foster trade relations and economic cooperation in between States that usually share common borders. As such organizations mostly reduce and even lift trade barriers, tariffs and other restrictions and thus increase trade volumes, they not only improve the welfare of the citizens of the member States but also foster the regional economy as a whole. Some regional organizations go even further and aim supranational economic, social and even political integration, as is the case for the EU which somehow constitutes a role-model for many regional organizations across the world.
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