VIDEO: What is a Free Trade Agreement?

VIDEO: What is a Free Trade Agreement?

The latest International Trade Matters video introduction explains Free Trade Agreements

What is a Free Trade Agreement?

A Free Trade Agreement (FTA) is an agreement or contract between two or more nations. Under a free trade agreement, goods and services can be bought and sold with little or no government tariffs, quotas or subsidies.

What are the benefits of Free Trade?

Increased Exports
Consumers have more choice
The economy grows

What are the disadvantages of Free Trade?

Creates competition for local producers and services
Adds complexity to documentary compliance
Potential IP issues

How can you find out what Free Trade Agreements will mean for your business?

Talk to Linda and the International Trade Matters team today!

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