A free-trade area is the region encompassing a trade bloc whose member countries have signed a free-trade agreement (FTA). Free trade agreements eliminate tariffs, import quotas, and preferences on most (if not all) goods and services traded between the member countries. If people are also free to move between the countries, in addition to FTA, it...
Found on
http://en.wikipedia.org/wiki/Free_trade_area
A group of countries that adopt free trade (zero tariffs and no other policy restrictions) on trade among themselves, while not necessarily changing the barriers that each member country has on trade with the countries outside the group.
Found on
http://www-personal.umich.edu/~alandear/glossary/f.html
A group of countries which removes tariff barriers between member countries but allows each member to decide on its own tariff policy towards non-members.
Found on
http://www.encyclo.co.uk/local/20140
A group of countries that have removed trade barriers among the members, but each country may mainta
Found on
http://www.encyclo.co.uk/local/22399
No exact match found.
