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Supply Chain Management

Category - Global Management

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By providing efficiency opportunities, a larger market contributes to _________within the trade bloc.

Decrease distortions
Reduce profitability
Increase revenue
All of the above.

Explanation

Answer: A - A larger market resulting from the creation and extension of trade blocs does not only increase the market power of its members, but it also provides opportunities for greater productivity efficiency for industries facing economies of scale and increased competition within the PTA market. This in turn may contribute to decrease distortions within the trade bloc.

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Supply Chain Management

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Supply Chain Management

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