Free Trade Agreement

Free Trade Agreement and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free Trade Agreement: An agreement between two or more countries establishing a free trade area (FTA).

Free Trade Agreement (FTA) in International Trade

Meaning of Free Trade Agreement (FTA), according to the Dictionary of International Trade (Global Negotiator): An arrangement that establishes unimpeded exchange and flow of goods and services between trading partners, regardless of national borders of member countries. FTAs do not address labour mobility across borders, common currencies, uniform standards and other common policies such as taxes. Member countries apply their own individual tariff rates to countries outside the free trade area.

Hierarchical Display of Free-trade agreement

Trade > International trade > Trade relations
International Organisations > European organisations > European organisation > CEFTA
Trade > Tariff policy > Tariff policy > Free-trade area
European Union > European construction > EU relations > Agreement (EU) > Association agreement (EU) > European Economic Area
International Organisations > European organisations > European organisation > EFTA
International Organisations > Extra-European organisations > American organisation > Free Trade Area of the Americas
International Organisations > Extra-European organisations > American organisation > Caricom
International Organisations > Extra-European organisations > American organisation > NAFTA
International Organisations > Extra-European organisations > Latin American organisation > ALADI
Trade > International trade > International trade > Liberalisation of trade