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 World Trade Organization (WTO) is a global organization that helps countries and producers of goods deal fairly and smoothly with conducting their business across international borders. It mainly does this through WTO agreements, which are negotiated and signed by a large majority of the trading nations in the world.