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kramer
3 years ago
10

What is a free trade agreement

History
1 answer:
nika2105 [10]3 years ago
6 0
A free-trade<span> area is the region encompassing a </span>trade<span>bloc whose member countries have signed a </span>free-trade agreement<span> (</span>FTA<span>). Such </span>agreements<span> involve cooperation between at least two countries to reduce</span>trade<span> barriers – import quotas and tariffs – and to increase </span>trade<span> of goods and services with each other.</span>
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