Free trade definitions

Hamilto786's picture

Reduce Tarrifs: Remove taxes on goods from other countries to keep domestic and foreign products the same price.

Reduce NTBs: Remove barriers other than tarrifs (restrictions, embargoes).

Non-Discrimination: If a country is in a free trade agreement with 2 or more countries, equivalent goods from any of the countries must be treated equally.

National Treatment: Domestically produced products should be treated the same as foreign goods.

Reciprocity: All countries in a free trade agreement should benefit equally.

Exemptions: Possible restrictions and protections for specific goods produced in a country.

Group content visibility: 

Use group defaults