Free trade

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Revision as of 22:01, 20 November 2016 by imported>Doug Williamson (Add link.)
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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