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PSIR Optional PYQ Solutions · Model answer
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A free trade area removes tariffs among members while each keeps its own external tariff, the first rung of Bela Balassa's ladder of integration. South Asia began with the positive-list SAPTA (signed 1993, in force December 1995) and moved to SAFTA (signed 2004, in force 2006). Three decades on, tariffs have largely fallen, yet intra-regional…
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