What is FTA and PTA?

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2023-02-09 10:20:54 -

What are Free Trade Agreements? A free trade agreement, as its name suggests, is a contract between two or more nations that establishes a free trading zone. In a free trade zone, trade barriers between the participating nations are loosened, which often results in lower or eliminated import levies and tariffs. The North American Free Trade Agreement (NAFTA), which was later...

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