Trade agreements from "summary" of Globalization by
Trade agreements are formal arrangements between different countries that are designed to promote trade and economic cooperation. These agreements typically involve a set of rules and regulations that govern the flow of goods and services between the countries involved. One of the main purposes of trade agreements is to reduce barriers to trade, such as tariffs and quotas, in order to facilitate the movement of goods and services across borders. By lowering these barriers, trade agreements can help to increase the volume of trade between countries and stimulate economic growth. Trade agreements can also help to establish a mor...
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