Question

What is a free trade agreement?

an agreement that removes trade barriers, such as import tariffs and quotas
an agreement that eliminates the need for passport controls between nations
an agreement that allows export of goods at prices lower than normal value
an agreement that allows provision of certain free goods to customers in other countries

Answer 1

I think the correct answer from the choices listed above is the first option. A free trade agreement is an agreement that removes trade barriers, such as import tariffs and quotas. Hope this answers the question. Have a nice day. Feel free to ask more questions.

Answer 2

an agreement that removes trade barriers, such as import tariffs and quotas

Free Trade Agreements (FTAs) have demonstrated to be one of the safest ways to open up international markets to U.S. exporters. Trade Agreements decrease restrictions in U.S. exports and also preserves U.S. interests. It also intensifies the rule of law in the FTA associate country.

FTA helps in lowering of trade restrictions and the also assisted in the formulation of a more stable and transparent trading environment. Such agreements makes it cheaper for U.S. companies to export their goods and services to trading associate markets.