[Home]Free trade area

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A free trade area is a group of countries that have agreed to eliminate tariffs, quotas and preferences on most goods between them. Unlike a customs union, members of a free trade area do not have the same policies with respect to non-members.

Free trade areas include NAFTA? and EFTA.


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Last edited July 25, 2001 2:58 pm by Simon J Kissane (diff)
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