Unilateral Trade Agreements, Their Pros and Cons, with Examples

Author: External Author | | Categories: Transportation Services

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A unilateral trade agreement is a commerce treaty that a nation imposes without regard to others. It benefits that one country only. It is unilateral because other nations have no choice in the matter. It is not open to negotiation. 

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Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:  KIMBERLY AMADEO

Original Article Posted on:  February 25, 2021

Link to Original Article:  https://www.thebalance.com/unilateral-trade-agreements-definition-examples-3305904



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