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English definition of “bloc”


noun [C]     /blɒk/
ECONOMICS, POLITICS a group of countries who share the same economic and financial aims , and who do business with each other with reduced taxes : EU heads of state agreed on the bloc's environmental goals at a meeting on March bloc They would like to turn Europe and North America into a single trading bloc.
FINANCE a currency bloc
(Definition of bloc noun from the Cambridge Business English Dictionary © Cambridge University Press)
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