iris2208 iris2208
  • 24-11-2018
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-What is a free-trade agreement? Be sure to include an example.

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AnimeBrainly
AnimeBrainly AnimeBrainly
  • 24-11-2018

A free-trade agreement occurs when all participating nations are able to trade with each other without having to pay tariffs.

For example, NAFTA (North American Free Trade Agreement) established by President George H. W. Bush allowed the participating countries to trade without paying tariffs.

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