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Would affiliate marketing be better off under a system of multilateral trade liberalization like the WTO,...

Would affiliate marketing be better off under a system of multilateral trade liberalization like the WTO, or with bilateral or regional trading blocs?

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Answer #1

The affiliate marketing would be better off under the system of regional trading blocs (abbreviated as RTB). The regional economic integration can be defined as co-operative group or union of nations within a specific geographical region. It is an agreement between the members of the on the elimination of tariff and non-tariff barriers to the free flow of items and services between each other. RTB bring manufacturers from numerous economies causing a greater competition that result in promoting the efficiency within firms. The cost of imports reduces and increased consumption result in an efficient market. Regional integration results to enhance the peace, cooperation, and security among nations in the region. Moreover promotes the member states to improve their social welfare level to match that of the majority of other progressive states.

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