Trade Blocs

Customs Union: A Comprehensive Definition and Analysis
An in-depth exploration of a Customs Union, a trade bloc that allows free trade among member states but imposes a common external tariff on non-members.
Domino Effect: Chain Reaction Phenomenon
The Domino Effect refers to the tendency of one country's actions to induce similar actions in other countries. This can apply to joining trade blocs, adopting policies, or other actions that have cascading impacts.

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