MAESS 611- Activity 2

It is an exchange agreement between two nations or trading groups

• Unilateral

• Bilateral

• Multilateral

• Free Trade Agreement

It is an agreement between two or more nations to reduce barriers to imports and exports among them.

• Unilateral

• Bilateral

• Multilateral

• Free Trade Agreement

These are commerce treaties between three or more nations.

• Unilateral

• Bilateral

• Multilateral

• Free Trade Agreement

It benefits that one country only.

• Unilateral

• Bilateral

• Multilateral

• Free Trade Agreement

The successor of General Agreement on Tariffs and Trade.

Aside from the Free Trade Agreement, what is the other type of trade agreement?

Give two (2) countries in which the Philippines has trade agreements with.