Free Trade Area

Free Trade Area

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Legal English Vocabulary: Free Trade Area in Spanish

Online translation of the English legal term free trade area into Spanish: zona de libre comercio (English to Spanish translation) . More about legal dictionary from english to spanish online.

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Free-trade area in Global Commerce Policy

In this regard, free-trade area is: a group of two or more countries or economies, customs territories in technical language, that have eliminated tariff and all or most non-tariff measures affecting trade among themselves. Participating countries usually continue to apply their existing tariffs on external goods. Free-trade areas are called reciprocal when all partners eliminate their tariffs and other barriers towards each other. There are cases where developing country partners are exempt from making equivalent reductions, as is the case with SPARTECA and the ACP-EC Partnership Agreement, even though they get free access to developed-country markets. These are called non-reciprocal free-trade areas. See also customs union, trade creation, trade deviation and trade diversion.[1]

Free-trade areain the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Free-trade area” entry (OAS)

See Also

Interim Agreement necessary for the formation of a customs union or a free-trade area in Global Commerce Policy

In this regard, interim agreement necessary for the formation of a customs union or a free-trade area is: an instrument mentioned in GATT Article XXIV which deals with customs unions and free-trade areas. Such agreements have to be notified to the WTO, together with a timetable for their implementation. Few interim agreements appear to have been notified to the GATT or the WTO. Nor have working parties, in examining notified agreements, always been able to agree whether it was an interim agreement or a final agreement. However, in a sense nearly all notified free-trade agreements have been interim agreements even though the parties may have regarded them as final agreements. This is because even free-trade agreements intended to conform immediately to Article XXIV contain phase-in provisions for the elimination of trade restrictions in sensitive products.[1]

Interim Agreement necessary for the formation of a customs union or a free-trade areain the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Interim Agreement necessary for the formation of a customs union or a free-trade area” entry (OAS)

See Also

Resources

See Also

  • International Trade
  • Trade Regulation
  • International Economic Law
  • Export License
  • International Trade Law
  • Foreign Trade
  • Safeguard

Hierarchical Display of Free-trade area

Trade > Tariff policy > Tariff policy
International Organisations > European organisations > European organisation > CEFTA
Trade > International trade > Trade relations > Free-trade agreement
International Organisations > European organisations > European organisation > EFTA
Economics > Economic policy > Economic policy > Economic integration
Trade > International trade > Trade relations > Trade agreement > GATT > Free movement of goods
International Organisations > Extra-European organisations > American organisation > Free Trade Area of the Americas
International Organisations > Extra-European organisations > American organisation > NAFTA
European Union > European construction > EU relations > Agreement (EU) > Association agreement (EU) > ACP-EU Convention > Arusha Convention
European Union > European construction > EU relations > Latin American organisation > ALADI

Meaning of Free-trade area

Overview and more information about Free-trade area

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Translation of Free-trade area

Thesaurus of Free-trade area

Trade > Tariff policy > Tariff policy > Free-trade area
International Organisations > European organisations > European organisation > CEFTA > Free-trade area
Trade > International trade > Trade relations > Free-trade agreement > Free-trade area
International Organisations > European organisations > European organisation > EFTA > Free-trade area
Economics > Economic policy > Economic policy > Economic integration > Free-trade area
Trade > International trade > Trade relations > Trade agreement > GATT > Free movement of goods > Free-trade area
International Organisations > Extra-European organisations > American organisation > Free Trade Area of the Americas > Free-trade area
International Organisations > Extra-European organisations > American organisation > NAFTA > Free-trade area
European Union > European construction > EU relations > Agreement (EU) > Association agreement (EU) > ACP-EU Convention > Arusha Convention > Free-trade area
European Union > European construction > EU relations > Latin American organisation > ALADI > Free-trade area

See also

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