Navigating International Trade Agreements- What Every Small Manufacturer Needs to Know
A trade agreement is a contract or agreement between two or more countries that rules and regulates those countries’ trade and economic relations. Trade agreements can be bilateral or multilateral.
These agreements can cover a wide variety of subjects, including tariffs (taxes levied on imported goods), quotas (limits on the number of items that a country can import), rules of origin (definitions of the country from which a product originates), intellectual property, investment, and services.
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