Free Trade & Protectionist
A'Shantia Mitchell 1st Period
ASEAN
Association of Southeast Asian Nations (ASEAN) is an organization of countries in southeast Asia set up to promote cultural, economic and political development in the region.
NAFTA
The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral rules-based trade bloc in North America.
WTO
The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
Protectionist
Protectionist is the theory, practice, or system of fostering or developing domestic industries by protecting them from foreign competition through duties or quotas imposed on importations.