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Data response (2)


Read the article India free trade agreement likely this year: Sharma and then answer the questions below. You can do this in the web window below, or follow the previous link to open the article in a new web window.


Question 1

Explain what is meant by a free trade area, such as EFTA?

Question 2

Analyse the benefits and costs of establishing a regional free trade area.

Question 3

Drawing upon real world examples, explain why bilateral trade agreements, such as that between EFTA and India, are becoming more popular.