Base rate and Free trade: Difference between pages

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A widely recognised and quoted interest rate - such as the Fed funds rate, the prime rate, or the London Inter Bank Offered Rate (LIBOR) - by reference to which a rate of interest is calculated.
''International trade''


For example, ‘LIBOR plus 50 basis points’.
Free trade is international trade undertaken without constraints from import quotas, protective tariffs, export subsidies or other restrictive practices.


== See also ==
* [[LIBOR]]


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==
*[[European Economic Area]]
*[[European Free Trade Association]]
*[[Free trade agreement]]
*[[Free trade area]]
*[[International trade]]
*[[North American Free Trade Agreement]]
*[[Trade]]
* [[World Trade Organization]]

Revision as of 21:59, 20 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.


See also