Results (
English) 1:
[Copy]Copied!
Tariffs are taxes. Participants in an RTA can agree to greatly reduce or even cancel tariffs on imports and exports, the purpose of which is to increase the flow of goods. For example, low or no tariffs due to an RTA can make it possible for one country to harvest and export a specific food product to its participating partner in time for a festive season. A country not part of that particular RTA could face extensive negotiations and cost-prohibitive tariffs, preventing it from exporting a similar product in time. In some cases, the ease in flow of goods and tariff reductions may benefit retail consumers engaged in cross-border e-commerce, according to the International Centre for Trade and Sustainable Development.Read more : http://www.ehow.com/list_6721244_advantages-regional-trade-agreements.html
Being translated, please wait..
