Free trade

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Revision as of 11:27, 3 August 2016 by imported>Doug Williamson (Expand. Source EEA webpage http://www.efta.int/eea/eea-agreement)
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Free trade is international trade undertaken without restrictions from import quotas, protective tariffs, or export subsidies.

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.


See also