Examlex
Differences between individuals who were born and grew up at different times are known as ________ differences.
Free Trade Arrangements
Agreements between countries that reduce or eliminate barriers to trade, such as tariffs and import quotas, to promote economic cooperation.
WTO
The World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure that trade flows smoothly, predictably, and freely.
NAFTA
The North American Free Trade Agreement; a treaty between the United States, Canada, and Mexico that eliminated most tariffs on trade between them.
European Union
A political and economic union of 27 European countries that have agreed to follow common economic, social, and security policies.
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