Free trade: Difference between revisions
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''International trade'' | ''International trade''. | ||
Free trade is international trade undertaken without constraints from import quotas, protective tariffs, export subsidies or other restrictive practices. | Free trade is international trade undertaken without constraints from import quotas, protective tariffs, export subsidies or other restrictive practices. | ||
| Line 11: | Line 11: | ||
==See also== | ==See also== | ||
*[[European Economic Area]] | * [[EU-UK Trade and Cooperation Agreement]] | ||
*[[European Economic Area]] (EEA) | |||
*[[European Free Trade Association]] | *[[European Free Trade Association]] | ||
*[[Fair trade]] | |||
*[[Free trade agreement]] | *[[Free trade agreement]] | ||
*[[Free trade area]] | *[[Free trade area]] | ||
| Line 20: | Line 22: | ||
*[[Tariff]] | *[[Tariff]] | ||
*[[Trade]] | *[[Trade]] | ||
* [[Treaty]] | |||
* [[World Trade Organization]] | * [[World Trade Organization]] | ||
[[Category:Trade_finance]] | [[Category:Trade_finance]] | ||
Latest revision as of 13:29, 18 July 2022
International trade.
Free trade is international trade undertaken without constraints from import quotas, protective tariffs, export subsidies or other restrictive practices.
In practice relatively free trade between countries, or within a region, is normally only established following lengthy negotiations and the establishment of an effective free trade agreement.
An example is the European Economic Area (EEA) agreement.
