Search results
Results From The WOW.Com Content Network
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold ...
A free trade agreement ( FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions between the two of them, generally to expand ...
Free trade among nations has numerous positive effects: It lowers consumer prices, decreases inflationary pressures, and incentivizes efficiency and innovation. In 1817, ...
List of multilateral free trade agreements. A multilateral free trade agreement is between several countries all treated equally, and creates a free trade area. Every customs union, common market, economic union, customs and monetary union and economic and monetary union is also a free trade area, and are not included below.
The United States is party to many free trade agreements (FTAs) worldwide. Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America. The United States helped negotiate the General Agreement on Tariffs and ...
The United States–Korea Free Trade Agreement (officially: Free Trade Agreement Between the United States of America and the Republic of Korea ), [ 1] also known as KORUS FTA, [ 2] is a trade agreement between the United States and South Korea. Negotiations were announced on February 2, 2006, and concluded on April 1, 2007.
The goal of NAFTA was to eliminate barriers to trade and investment between the United States, Canada and Mexico. The implementation of NAFTA on January 1, 1994, brought the immediate elimination of tariffs on more than one-half of Mexico's exports to the U.S. and more than one-third of U.S. exports to Mexico.
The Dominican Republic–Central America–United States Free Trade Agreement ( CAFTA-DR; Spanish: Tratado de Libre Comercio entre República Dominicana, Centroamérica y Estados Unidos de América, TLC) is a free trade agreement (legally a treaty under international law). Originally, the agreement encompassed the United States and the Central ...