Which term refers to an agreement that reduces tariffs and barriers among trading partners?
A) offshore facility
B) co-working site
C) deregulation
D) free trade area

Question

Quizplus · Accepted Answer

Free trade areas-agreements that reduce tariffs and barriers among trading partners-encourage international trade. NAFTA (the North American Free Trade Agreement) and the EU (European Union) are examples.

Which Term Refers to an Agreement That Reduces Tariffs and Barriers