Told he would have to pay nine percent interest at the end of the year. For security he offered $60,000. in U.S. bonds. The banker, foreseeing a potential depositor, accepted the bonds and gave the man a dollar.
A trade agreement (also known as trade pact) is a wide ranging tax, tariff and trade treaty that often includes investment guarantees.
A trade agreement (also known as trade pact) is a wide ranging tax, tariff and trade treaty that often includes investment guarantees.
Treaty (such as FTAA or NAFTA) between two or more countries to establish a free trade area where commerce in goods and services can be conducted across their common borders, without tariffs or hindrances but (in contrast to a common market) capital or labor may not move freely. Member countries usually impose a uniform tariff (called common external tariff) on trade with non-member countries.