Free trade area: Difference between revisions
Content deleted Content added
m intergration->integration |
mNo edit summary |
||
| Line 1: | Line 1: | ||
{{trading blocs}} |
{{trading blocs}} |
||
A '''free trade area''' is a designate group of countries that have agreed to eliminate [[tariff]]s, 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. |
A '''free trade area''' is a designate group of countries that have agreed to eliminate [[tariff]]s, quotas and preferences on most [[Good (economics)|goods]] between them. Unlike a [[customs union]], members of a free trade area do not have the same policies with respect to non-members. |
||
It is the second stage of [[economic integration]]. |
It is the second stage of [[economic integration]]. |
||
Revision as of 21:26, 9 December 2005
| Part of a series on |
| World trade |
|---|
 |
A free trade area is a designate 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.
It is the second stage of economic integration.
Free Trade Areas
- ASEAN Free Trade Area
- North American Free Trade Agreement
- European Free Trade Association
- South American Community of Nations
- Free Trade Area of the Americas