richard2003gua
A free trade agreement (FTA) is a regional or bilateral trade agreement to expand the market for goods and services between the participating countries and continents or basically worldwide. It basically involves the elimination or substantial reduction of tariffs for goods between the parties, and agreements on services. This agreement is governed by the rules of the World Trade Organization (WTO) or by mutual agreement between the countries.
An FTA does not necessarily entail an economic, social and regional political integration, such as the European Union, the Andean Community, Mercosur and the South American Community of Nations. While these were created to promote trade, also included clauses fiscal and budgetary policy and the movement of people and common political bodies, absent an FTA elements.
Historically the first FTA was the Franco-British Free Trade Agreement (or Cobden-Chevalier Treaty) signed in 1860 and which also introduces the most favored nation.
Esto trata sobre el tratado de libre comercio en el mundo ESPERO HABERTE AYUDADO
It basically involves the elimination or substantial reduction of tariffs for goods between the parties, and agreements on services. This agreement is governed by the rules of the World Trade Organization (WTO) or by mutual agreement between the countries.
An FTA does not necessarily entail an economic, social and regional political integration, such as the European Union, the Andean Community, Mercosur and the South American Community of Nations.
While these were created to promote trade, also included clauses fiscal and budgetary policy and the movement of people and common political bodies, absent an FTA elements.
Historically the first FTA was the Franco-British Free Trade Agreement (or Cobden-Chevalier Treaty) signed in 1860 and which also introduces the most favored nation.
Esto trata sobre el tratado de libre comercio en el mundo
ESPERO HABERTE AYUDADO