Trade Agreements

Trade Agreements

Commercial Treaties: Trade Agreements

In addition to formal agreements between modern states having important economic ties with each other, less formal and durable agreements relate to such matters as tariff rates, navigation dues, customs formalities, air-transport clearance arrangements, quantity restrictions on trade in specific commodities, regulation of commercial, financial, transportation, and communication facilities, standards of commercial and maritime law, commercial arbitration, patents, trademarks, and copyright.

Reciprocal trade agreements characteristically provide that import duties on products originating in the signatory countries be lower than the duties on the same classes of articles imported from other nations. Although tending to discriminate against third countries, such special arrangements can be justified when political, economic, and geographical ties are particularly close, as in the Commonwealth of Nations or among Latin American countries. The advantages thus obtained are offset in part through operation of the most-favored-nation clause. (1)

In this Section: Commercial Treaties, Commercial Treaties Conditions, Trade Agreements, Commercial Treaties History (including National Treatment, Protectionism and Freer Trade) and Most-Favored-Nation Clause.

Free Trade Agreements

Find information about:

Trade Agreements and Trade-related Issues

In relation to the international law practice and other trade agreements and trade-related issues in this world legal Encyclopedia, please see the following section:

Trade, Commercial Relations, Investment, and Transportation

About this subject:

Trade Legislation and Trade Preferences

Note: there is detailed information and resources under these topics during the year 2013, covered by this entry on other trade agreements and trade-related issues in this law Encyclopedia.

Trade Agreements and Trade-related Issues

In relation to the international law practice and other trade agreements and trade-related issues in this world legal Encyclopedia, please see the following section:

Trade, Commercial Relations, Investment, and Transportation

About this subject:

Free Trade Agreements

Note: there is detailed information and resources under these topics during the year 2013, covered by this entry on other trade agreements and trade-related issues in this law Encyclopedia.

North American Free Trade Agreement (nafta) and Europe

There is an entry on north american free trade agreement (nafta) in the European legal encyclopedia.

Resources

See Also

Further Reading

  • Entry “North American Free Trade Agreement (nafta)” in the work “A Concise Encyclopedia of the European Union from Aachen to Zollverein”, by Rodney Leach (Profile Books; London)

Resources

Notes and References

  1. Encarta Online Encyclopedia

See Also

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