International economics

International economics

International trade theories, policies, finances and their effects on economic activities.

Industry: Economy

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International economics

Free carrier

Economy; International economics

A term, abbreviated FCA, denoting that a good for export to a buyer is to be delivered to a carrier specified by the buyer.

Free enterprise

Economy; International economics

A system in which economic agents are free to own property and engage in commercial transactions. See laissez faire, economic freedom, .

Free list

Economy; International economics

A list of goods that a country has designated as able to be imported without being subject to tariff or import licensing.

Free market

Economy; International economics

A market that is not interfered with by government constraints on transactions. Most would say, however, that a market that is subject to a modest and transparent tax can still be considered free.

A situation in which there are no artificial barriers to trade, such as tariffs and NTBs. Usually used, often only implicitly, with frictionless trade, so that it implies that there are no barriers ...

Free trade agreement

Economy; International economics

A negotiated treaty among two or more countries to form a free trade area.

Free trade area

Economy; International economics

A group of countries that adopt free trade (zero tariffs and no other policy restrictions) on trade among themselves, while not necessarily changing the barriers that each member country has on trade ...