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What is trade alliance?

Updated: 9/27/2023
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12y ago

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Trade happens when countries buy from and sell toother countries. Imports are goods brought into a country. Exports are goods sent out of a country.

An alliance is when a group of countries work together in some way.

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12y ago
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9y ago

A trade of alliance is a group of nations that agree to trade at no or reduced tariffs across national borders. The North American Free Trade Agreement is an example of one.

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