Free Trade Agreement
/ˌfriː ˈtreɪd əˌɡriːmənt/
Definitions
- (n.) A treaty between two or more countries to reduce or eliminate trade barriers and facilitate trade.
The free trade agreement helped eliminate tariffs between the member states.
Forms
- free trade agreement
- free trade agreements
Related terms
See also
Commentary
Free trade agreements often include provisions beyond tariffs such as intellectual property and dispute resolution mechanisms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.