Free trade: Difference between revisions
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*[[North American Free Trade Agreement]] | *[[North American Free Trade Agreement]] | ||
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Revision as of 12:20, 16 November 2016
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.
