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.
NAFTA is the North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that has been in effect since 1 January 1994. The agreement was designed to increase trade among the three nations by reducing or eliminating restrictions on commerce, such as tariffs and import quotas.