trade agreement

trade agreement definition - business

trade agreement

A treaty between two or more countries that agree to certain terms of commerce that may include tariffs, quotas, and environmental or employment issues. See also North American Free Trade Agreement.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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