What is another word for trade agreement?

Pronunciation: [tɹˈe͡ɪd ɐɡɹˈiːmənt] (IPA)

When referring to a "trade agreement," many people may automatically think of documents like NAFTA, TPP, or USMCA. However, there are many other terms that can be used to describe such agreements. These include economic partnership, commerce treaty, import/export pact, free trade accord, commercial alliance, business covenant, trade protocol, and trade deal. Just like there are multiple names for these agreements, there are also many different types of agreements themselves that can be formed between countries or regions to facilitate international trade. Whether it's a preferential trade agreement, a customs union, or a comprehensive economic partnership, each trade agreement brings its own benefits and challenges to the parties involved.

What are the hypernyms for Trade agreement?

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

Famous quotes with Trade agreement

  • There's a lot of exaggerated talk about CAFTA, but it's actually a fairly routine trade agreement. Although it involves fairly small nations, they're still more important trade partners than places like Australia or many other larger nations.
    Ernest Istook
  • [I]f a politician won't trust you, why should you trust him? If he's a man — and you're not — what does his lack of trust tell you about his real attitude toward women? If "he" happens to be a , what makes her so perverse that she's eager to render her fellow women helpless on the mean and seedy streets her policies helped create? Should you believe her when she says she wants to help you by imposing some infantile group health care program on you at the point of the kind of gun she doesn't want you to have? On the other hand — or the other party — should you believe anything politicians say who claim they stand for freedom, but drag their feet and make excuses about repealing limits on your right to own and carry weapons? What does this tell you about their real motives for ignoring voters and ramming through one infantile group trade agreement after another with other countries? Makes voting simpler, doesn't it? You don't have to study every issue — health care, international trade — all you have to do is use this X-ray machine, this Vulcan mind-meld, to get beyond their empty words and find out how politicians really feel. About you. And that, of course, is why they hate it.
    L. Neil Smith
  • I was speaking out in Minnesota — my hometown, in fact — and a guy stood up in the audience, said, "Mr. Friedman, is there any free trade agreement you’d oppose?" I said, "No, absolutely not." I said, "You know what, sir? I wrote a column supporting the CAFTA, the Caribbean Free Trade initiative. I didn’t even know what was in it. I just knew two words: free trade."
    Thomas Friedman

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