Free Trade Agreement definition- FTA

Jul 4, 2013 by Emmanuel Besserve

Free Trade Agreement definition- FTAA free trade agreement (FTA) is a trade treaty between two or more countries. Usually these agreements are between two countries and are meant to reduce or completely remove tariffs to trade.

Most FTAs are between two individual countries, however, agreements can be reached between a trade bloc

 

References:

World Trade Organization            http://www.wto.org

Wikipedia                                  http://en.wikipedia.org              

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Emmanuel Besserve

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