Concept information
Término preferido
bilateral free trade agreements
Definición
- Bilateral free trade agreements (BFTAs) are agreements generally made between two countries or two regions, or one country and one region; it is widely accepted that they lead to economic growth by reducing poverty and increasing standards of living and generating employment opportunity. While some BFTAs can be narrow-range in their dealing of traded goods for a certain time period, some BFTAs can be much more comprehensive and cover other issues including services and investment, and can generally take existing World Trade Organization (WTO) agreements as their benchmark. [Source: Encyclopedia of Business in Today's World; Bilateral Free Trade Agreements]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-WRK2SF82-D
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