Free trade area

Trade Bloc Series
Globalization
Trade bloc
Free trade area
Customs union
Common market
Economic and monetary union
Trade creation
Trade diversion
International trade

A free trade area is a designate group of countries that have agreed to eliminate tariffs, quotas and preferences on most goods between them. Unlike a customs union, members of a free trade area do not have the same policies with respect to non-members.

It is the second stage of economic intergration.

Free Trade Areas

See also

External Links

See also: Free trade area, Customs union, Economic and monetary union, Economic intergration, European Free Trade Association, Free Trade Area of the Americas, Globalization, Goods