Were you trying to ask a question or where you answering someone<span />
This is True, it was also a type of Government
A free-trade agreement occurs when all participating nations are able to trade with each other without having to pay tariffs.
For example, NAFTA (North American Free Trade Agreement) established by President George H. W. Bush allowed the participating countries to trade without paying tariffs.
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Basically one company thats divided up in diffrent stages that are run by separate companies.