answersLogoWhite

0

An area for nations with special trading privileges is called a "free trade area." In this region, member countries reduce or eliminate tariffs and other trade barriers among themselves, while maintaining their own external trade policies with non-member countries. This arrangement aims to enhance trade and economic cooperation among the participating nations. Examples include the North American Free Trade Agreement (NAFTA) and the European Free Trade Association (EFTA).

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What is illegal trading called from other nations?

Smugling


Policy of trading with other countries is called?

The policy used in trading with other countries is called the commercial policy. It is a set of rules and regulations used in trade between nations.


How did America get involved with china?

It is called the Open-Door Policy. America has used this policy since trading with China and other nations.


The process that grants immigrants the rights and privileges of citizenship is called?

The process that grants immigrants the rights and privileges of citizenship is called Naturalization.


Laws that limit the amount of trading carried on among nations is called?

A trade barrier is a law that limits the amount of trading conducted among countries. A tariff would be a well-known example of a trade barrier.


Laws that limit the amount of trading carried on among nations are called what?

NOVANET: trade barriers i used the previous answer (import/export blockades) and it was wrong


What was the open door intended to do?

The Open Door policy was a statement of principles initiated by the United States in 1899 and 1900. It called for protection of equal privileges for all countries trading with China and for the support of Chinese territorial and administrative integrity.


What is trading called in sanskrit?

vANijyam =वाणिज्यम् = trading; vaNik = वणिक्, trader


What was the open door policy intended to?

The Open Door policy was a statement of principles initiated by the United States in 1899 and 1900. It called for protection of equal privileges for all countries trading with China and for the support of Chinese territorial and administrative integrity.


What are moshi monster trading cards called?

Moshi Monsters trading cards are called "Moshi Monsters Mash Up Trading Cards".


Is trading entrepreneur?

a person indulge himself in the trading of particular business is called trading entreprenuer


Is The termination of your driving privileges for a period of time called suspension?

revocation.