International free trade agreement

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In economics, an international free trade agreement is an agreement that results from cooperation between at least two countries to reduce trade barriers—import quotas and tariffs— and to increase trade with each other.[1]

Examples include:

See also[edit]

References[edit]

  1. ^ Sullivan, arthur; Steven M. Sheffrin (2003). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 453. ISBN 0-13-063085-3.