Question: Countries usually experience substantial net economic gains from joining trade blocs. Do you agree or disagree with this statement? Why? In your answer, include a

"Countries usually experience substantial net economic gains from joining trade blocs." Do you agree or disagree with this statement? Why? In your answer, include a discussion of the roles of trade creation and trade diversion. Also, include a discussion of other gains or losses that can arise in a country that chooses to join a trade bloc.

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