Free trade: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand. Source EEA webpage http://www.efta.int/eea/eea-agreement) |
imported>Doug Williamson (Expand.) |
||
| Line 1: | Line 1: | ||
Free trade is international trade undertaken without | ''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. | 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. | ||
Revision as of 11:36, 3 August 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.
