A treaty between two or more countries that eliminates almost all trade restrictions and subsidies between the countries is a(n)
A) free-trade agreement
B) trade cartel
C) international market system
D) free-market consortium

Question

Quizplus · Accepted Answer

A free-trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Through these agreements, countries agree to eliminate tariffs, duties, and other trade barriers on products traded between them.

A Treaty Between Two or More Countries That Eliminates Almost