second-generation free-trade area

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second-generation free-trade area

economics

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economic integration
Second-generation free-trade area
In a second-generation free-trade area, the basic nature of simple free trade is expanded to include trade in non-goods such as services. Where a simple free-trade area need only address the question of tariffs and quotas, the trade in services and a…
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In a second-generation free-trade area, the basic nature of simple free trade is expanded to include trade in non-goods such as services. Where a simple free-trade area need only address the question of tariffs and quotas, the trade in services and a…
Read More