Free trade area
A free trade area is a group of countries that have agreed to eliminate tariffs, quotas and preferences on most goods between them. Unlike a customs union, members of a free trade area do not have the same policies with respect to non-members. Free trade areas include NAFTA and EFTA.
see also trade, international trade, trade bloc, Free Trade Area of the Americas
Referenced By
Foreign trade | Import | International Trade/Risks | International trade | List of international trade topics
|
