Glossary
What is Free trade agreement (FTA)?
An agreement between two or more countries that lowers or removes duty on goods traded between them, once those goods qualify under the agreement's own rules.
This term in other languages
| Arabic | اتفاقية التجارة الحرة |
|---|---|
| French | Accord de libre-échange (ALE) |
| Turkish | Serbest ticaret anlaşması (STA) |
Learn it in the lesson
What a free trade agreement changes for a shipment's duty rate
Related terms from the same lesson
Every lesson is free to read.