World Trade Organisation (WTO) member countries establish free trade areas to achieve market access through reciprocal exchanges of trade concessions. Entering a PTA/FTA is partly motivated by the desire to obtain equilibrium in foreign trade. Increased m
Ahmad Zaman Khan, "FTAs and PTAs," Business recorder. 2012-02-26.Keywords: Economics and business , Economic policy , Economic system , Economic growth , Economic issues , Trade policy , GDP growth , Exports , Imports , Pakistan , China , WTO , FTA
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