Free Trade Agreements
- Levels: AS, A Level, IB
- Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
A free trade area (FTA) is where there are no import tariffs or quotas on products from one country entering another.
Examples of free trade areas include:
- EFTA: European Free Trade Association consists of Norway, Iceland, Switzerland and Liechtenstein
- NAFTA: United States, Mexico and Canada (being renegotiated)
- SAFTA: South Asian Free Trade Area comprising Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka
- Pacific Alliance: Chile, Colombia, Mexico and Peru
- There are many bi-lateral free trade agreements signed between two countries or between two regional trading blocs e.g. the recently-signed Australia - China Free Trade Agreement
Subscribe to email updates from tutor2u Economics
Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.
You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.
Job board
Student Revision Workshops Contributor
tutor2u, Home based
Geoff Riley
Geoff Riley FRSA has been teaching Economics for thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
From the Blog
More Study notes
-
Essential A Level Economics in Year 2
This course is designed to support non-specialist, inexperienced or newly-qualified teachers of A Level Economics as they tackle the challenge of delivering the second year of linear A Level Economics.
-
A Level Economics Strong Foundations Workshops
The A Level Economics Strong Foundations workshops are designed to support all Year 13 A Level Economics students as they complete the fourth term of their two-year linear course.
Popular Content
-
AQA A Level Economics Revision Flashcards - Markets and Market FailureAQA A Level Economics Revision Flashcards - Markets and Market Failure
- SKU: 02-4130-30071-03
-
Printed Edition
-
Student personal license
- £10.00 (+VAT)
Added to your Shopping Cart!
AQA A Level Economics Revision Flashcards - Markets and Market Failure
- SKU: 02-4130-30071-03
-
Printed Edition
- £10.00 (+VAT)
-
Behavioural Economics Example Essays (Volume 1) for A Level EconomicsBehavioural Economics Example Essays (Volume 1) for A Level Economics
- SKU: 02-4130-30038-03
-
Printed Edition
-
Student personal license
- £5.00
Added to your Shopping Cart!
Behavioural Economics Example Essays (Volume 1) for A Level Economics
- SKU: 02-4130-30038-03
-
Printed Edition
- £5.00
Teaching Vacancies
-
Economics Contributor
tutor2u, On-line
-
Temporary Teacher of Mathematics
Frensham Heights School, Nr Farnham, Surrey
-
Student Revision Workshops Contributor
tutor2u, Home based
- Browse all jobs ›
Advertise your vacancies with tutor2u
Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.