A free trade area is where countries have no tariffs or quotas between themselves and have common external tariffs and quotas with non- members.

Name: A free trade area is where countries have no tariffs or quotas between themselves and have common external tariffs and quotas with non- members.
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A free trade area is where countries agree to eliminate tariffs and quotas between themselves but maintain their own independent external tariffs and quotas with non-members.

A Free Trade Area Is Where Countries Have No Tariffs