Regionalism ________.
A) is the process whereby countries in a geographic region cooperate with one another to reduce or eliminate barriers to the international flow of product, people or capital
B) should increase cross-border trade
C) should raise living standards in participating nations
D) all of the above

Question

Quizplus · Accepted Answer

Regionalism is the process of countries in a geographic region cooperating with each other to reduce or remove barriers to the international flow of products, people or capital. The ultimate goal is to increase cross-border trade and raise living standards in participating nations. Therefore, all the options - A, B, and C are correct.