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What are free trade agreements?
Free trade agreements eliminate tariffs, import quotas, and preferences on most (if not all) goods and services traded between the member countries.
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Asked 1/20/2015 2:58:59 PM
Updated 1/20/2015 9:48:06 PM
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Free trade agreements eliminate tariffs, import quotas, and preferences on most (if not all) goods and services traded between the member countries.
Added 1/20/2015 9:48:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/20/2015 10:13:07 PM]
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Questions asked by the same visitor
Countries create quotas and tariffs to increase the volume of trade with their neighbors.
Weegy: Countries create quotas and tariffs in order to increase the volume of trade with their neighbors. This is False. User: What are free trade agreements? (More)
Question
Updated 1/21/2015 5:37:38 AM
2 Answers/Comments
Trade Agreements reduce barriers to U.S. exports, and protect U.S. interests and enhance the rule of law in the FTA partner country.
Added 1/21/2015 5:20:50 AM
Free trade agreement is a treaty (such as FTAA or NAFTA) between two or more countries to establish a free trade area where commerce in goods and services can be conducted across their common borders, without tariffs or hindrances but (in contrast to a common market) capital or labor may not move freely.
Added 1/21/2015 5:37:38 AM
This answer has been confirmed as correct and helpful.
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