Question
Trade Agreements are very important agreement between more then two between different countries to allow for the smooth flow of goods and services. It can
Trade Agreements are very important agreement between more then two between different countries to allow for the smooth flow of goods and services. It can be biletaral, or multilateral to reduce trade barriers like quotas and tariffs to improve business activity among member countries through agreed and approved trade policies. It boost economic growth in member countries.The AANZFTA is the Free Trade Agreement of the ASEAN, Australian and New Zealand where agreements are reviewed to the ever changing businesses and trade practices. AANZFTA improves businesses in the member countries through business awareness, business to government dialogue, engagement in economic cooperation and collaboration among business. It is significant for any one country to generate more awareness to business with in its country to be able to help them access the benefits of the agreements it is member too. This is because one country can be a member to more then two trade agreements therefore, its is important for the businesses to use those opportunities to improve and expand innovatively to boost its countries economy. The Key Benefits for AANZFTA are extensive tariff reduction and elimination commitment, Regional rules of origin (ROO), service suppliers and investors and created a platform for economical cooperation projects. Comment on how can we make this Agreement good for business. Provide references & in text citations.
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