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Difference Between CECA and FTA

May 15, 2011Posted byOlivia

CECA vs FTA International trade, though now a days guided by the rules and regulations of World Trade Organization, is not free from protectionism in the form of trade barriers. This is why countries, on a bilateral level, try to enter into economic pacts and agreements that are more fruitful to both the countries and […]

Filed Under:EconomicsTagged With:bilateral trade,CECA,CEPA,Comprehensive Economic Cooperation Agreement,Economic Cooperation,economic pacts,Free Trade Agreement,Free Trade Area,FTA,JSG,protectionism,trade barriers

Difference Between FTA and CEPA

April 16, 2011Posted byOlivia

FTA vs CEPA FTA and CEPA are terms used to describe economic pacts between countries that are aimed at reducing tariffs and improving bilateral trade. Whereas FTA stands for Free Trade Agreement, CEPA stands for Comprehensive Economic Partnership Agreement. Though both are economic pacts, there are differences between the two which will be highlighted in […]

Filed Under:Economics,Foreign AffairsTagged With:bilateral trade,CEPA,Comprehensive Economic Partnership Agreement,economic pacts,Free Trade Agreement,FTA,trade barriers

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