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单词 free trade area
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free trade area
free trade area n. an economic zone consisting of a group of countries which allow free trade between themselves, but retain independent policies regarding customs duties on trade with other countries; contrasted with customs union n. at custom n. and adj. Compounds 1d(b), common market n. 1aFrequently in the names of such alliances.
ΚΠ
1859 in H. J. Morgan Relations Industry of Canada (1864) 161 Herself equal to the exigencies of free trade, it became her interest to extend the free trade area to the widest possible limits; and thus to subject other countries to a degree of dependence upon her affairs.
1889 Spectator 2 Nov. 609/2 The United States and our own Colonies have thriven by the extension of their Free-trade area, in spite of, and not because of, Protection outside it.
1939 Living Age Dec. 321/2 The imagination even of the economic expert cannot grasp all the saving and profit democrats would realize by merely uniting their democracies in one free trade area.
1963 Times 1 Feb. 13/5 Commercially we can mark our sense of unity with Europe by urging the Efta countries to join with us in inviting the E.E.C. to join the European Free Trade Area.
1998 Courier-Jrnl. (Louisville, Kentucky) 20 Apr. a7/1 ‘Today we launch comprehensive negotiations for a Free Trade Area of the Americas.’ That's the formal name that has been given to the proposed zone, reaching from Alaska to Cape Horn, where virtually all existing tariffs and duties would be eliminated.
2000 Daily Tel. 7 Apr. 29/5 Nafta is a free trade area, whereas the EU is a customs union.
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