Final answer:
An international trade agreement is a set of countries that agree to markedly reduce or eliminate trade barriers among member nations. These agreements aim to promote free trade and facilitate economic cooperation between countries.
Step-by-step explanation:
An international trade agreement is a set of countries that agree to markedly reduce or eliminate trade barriers among member nations. These agreements aim to promote free trade and facilitate economic cooperation between countries. One example of an international trade agreement is the World Trade Organization (WTO), which seeks to reduce trade barriers and promote fair trade practices among nations. Other examples include regional trade agreements like the North American Free Trade Agreement (NAFTA) and the European Union (EU).