Multiple choice

FTA stands for _________.

  1. Fighter Trade Agreement

  2. Free Trade Agreement

  3. Full Trade Agreement

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

FTA stands for Free Trade Agreement, a treaty between two or more countries to reduce barriers to imports and exports. Examples include NAFTA, USMCA, and various bilateral FTAs. It eliminates tariffs and quotas on goods traded between member countries.

Keep practicing — related questions