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 EU has become the most powerful trading bloc in the world with a GDP nearly as large as that of the United States. It is also the largest importer of agricultural products from developing countries, and maintains close links to its former colonies in the ACP group through trade preferences and aid deals.he world is increasingly divided into trade blocs, which play a central role in international trade negotiations. If world trade talks fail, many observers believe regional groupings will play an even bigger role.