The UAE is part of Free Trade Agreements with the following countries/block of countries: Singapore EFTA GAFTA All of the above QUESTION 11 INCOTERMS stand for: International Commercial Terms International Communication Terms Institure of Commercial Terms None of the above QUESTION 12 The advantage(s) of Free Trade Agreement is/are: Exemption of customs duty whilst importing the goods Facilitate Trade among Member States Promote the manufacturing of goods/raw material in Member Countries: All of the above