Which is the largest trading block in the World ?

Which is the largest trading block in the World ? Correct Answer EU

A trade bloc is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade (tariffs and others) are reduced or eliminated among the participating states. Trade blocs can be stand - alone agreements between several states (such as the North American Free Trade Agreement) or part of a regional organization (such as the European Union). Depending on the level of economic integration, trade blocs can be classified as preferential trading areas, free - trade areas, customs unions, common markets, or economic and monetary unions.
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