Free trade area

This is article is on free international trade. For information on special economic zones within countries, see Free trade zones. A free trade area is a designated group of countries that have agreed to eliminate tariffs, quotas and preferences on most (if not all) goods between them. It can be considered the second stage of economic integration. Countries choose this kind of economic integration form, if their economical structures are complementary. If they are competitive, they will choose customs union.
See more at Wikipedia.org...

This means a group of countries that have removed barriers to trade between them - barriers such as import tariffs and quotas. Several free trade areas have been established around the world: Mercosur in South America, Nafta in North America and EFTA in Europe, for example. The European Union is also a free trade area, but it is much more than that because it is built on a process of economic and political integration, with joint decision-taking in many policy areas.

A group of countries that have removed trade barriers among the members, but each country may maintain its own trade regime with nonmember countries. The best known current example is the North American Free Trade Agreement (NAFTA).
  

Free trade area
(Econ) Khu vực thương mại tự do.+ Một sự phân nhóm không chặt chẽ giữa các nước đã loại bỏ THUẾ QUAN và các hàng rào thương mại khác.
(C) 2007 www.TừĐiểnTiếngViệt.net

AREA DI LIBERO SCAMBIO

AREA DI LIBERO SCAMBIO