What is another word for trade agreements?

Pronunciation: [tɹˈe͡ɪd ɐɡɹˈiːmənts] (IPA)

Trade agreements are pacts or contracts that govern the exchange of goods and services between nations or trading blocs. Synonyms for this term could include commercial treaties, trade pacts, bilateral or multilateral agreements, trade accords, free trade agreements (FTAs), common markets, and economic partnership agreements (EPAs). Commercial treaties are legally binding agreements negotiated between two or more countries to facilitate trade in certain products or services. Trade pacts, on the other hand, are usually more comprehensive and can cover a wide range of issues, including investment, intellectual property, and labor standards. Bilateral agreements refer to trade deals between two countries, while multilateral agreements involve several countries. FTAs, common markets, and EPAs are all types of treaties that encourage free trade between countries.

Synonyms for Trade agreements:

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What are the hypernyms for Trade agreements?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Trade agreements

  • I hate to say it but I think it has become very obvious that our system for devising trade agreements, so very important to this country's functioning around the world, has not only broken, but it has broken completely.
    Xavier Becerra
  • We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
    Xavier Becerra
  • China has not lived up to any other trade agreements over the last decade... They don't have any compliance or enforcement.
    David Bonior
  • I am a firm believer in free but fair trade. However the United States should not be on the losing end of trade agreements that are not enforced. It is time that we make China play fairly.
    Elizabeth Dole
  • But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.
    Donald Evans

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