free trade area

listen to the pronunciation of free trade area
İngilizce - Türkçe
serbest ticaret bölgesi

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free area
serbest bölge
İngilizce - İngilizce
An international region in which obstacles to unrestricted trade have been reduced to a minimum
A free trade area is a cooperative arrangement among two or more nations, pursuant to the General Agreement on Tariffs and Trade, whereby trade barriers are removed among the members The arrangement generally includes a customs union with a common external tariff, although there are exceptions in which members maintain individually separate tariff schedules for external countries Extensive economic analysis of WTO, NAFTA, and FTAA is available
an area in which trade is tariff-free, although member countries are able to impose separate trade barriers on outside countries
A group of states that have reduced or eliminated trade barriers between themselves, but who maintain their own individual tariffs as to other states
A designated trade area where tariffs on imported goods are reduced or eliminated for certain countries
Two or more countries that have eliminated tariff and most non-tariff barriers affecting trade among them, while each participating country applies its own independent schedule of tariffs to imports from non-member countries An example is the European Free Trade Association (EFTA) Free trade areas are governed by GATT Foreign trade zones or FTZs are the U S form of free trade areas Free trade zones (sometimes called "customs free" or "duty free" zones) is a generic term referring to special commercial and industrial areas where special customs procedures allow importation of foreign merchandise without the requirement that duties be paid immediately
Area established by agreement among two or more nations within which participants agree to free trade of goods and services among themselves
A free trade area is a group of countries among which goods pass free of trade barriers but which does not adopt a common external tariff regime As such, the EC is a customs union, but NAFTA is a free-trade area because the external trade barriers of Canada, Mexico and the US were not harmonized
A form of regional economic integration where internal tariffs are abolished but where countries set there own external tariffs
Regional trading bloc that encourages trade by eliminating trade barriers among its members
fta

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free trade areas
plural form of free trade area
free trade area

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    free trade ar·e·a

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    /ˈfrē ˈtrād ˈerēə/ /ˈfriː ˈtreɪd ˈɛriːə/