symbolic interactionism. (noun) The theory that society is possible because of the shared meanings and social patterns created during social interactions. Audio Pronunciation: (symÂ·boÂ·lic inÂ·terÂ·actÂ·ionÂ·ism) Download Audio Pronunciation: symbolic interactionism.mp3. Usage Notes: Herbert Blumer (1900â1986) is credited with coining the term.
A trade bloc is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where regional barriers to trade, (tariffs and non-tariff barriers) are reduced or eliminated among the participating states. Contents.urges of trade bloc formation were seen in the 1960s and 1970s, as well as in the 1990s after the collapse of Communism.
The North American Free Trade Agreement is a treaty between Canada, Mexico and the United States. That makes NAFTA the worldâs largest free trade agreement. The gross domestic product of its three members is more than $20 trillion. NAFTA is the first time two developed nations signed a trade agreement with an emerging market country. The three signatories agreed to remove trade barriers between them. By eliminating tariffs, NAFTA increases investment opportunities.