CFA Level I · CFA Level I Exam · Introduction to Geopolitics
Which of the following is the most likely benefit that nations seek from joining a supranational cooperative body such as a regional economic bloc?
Nations most likely join to gain reduced trade barriers and collective bargaining power with outside countries. Members accept shared rules in exchange for easier trade and joint influence. Membership does not give freedom from external rules or guarantee that political disputes among members disappear.
- AComplete freedom from external rules on domestic policy
- BReduced trade barriers and collective bargaining power with outside countriesCorrect
- CGuaranteed elimination of political disputes among members
Explanation
Blocs typically lower barriers among members and give them greater joint influence in negotiating with others. Membership usually involves accepting shared rules, and disputes among members can still occur.
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