What is a Free Trade Agreement (FTA)?A Free Trade Agreement (FTA) is a pact between countries to reduce or eliminate barriers to trade and investment. These agreements can include various measures like cutting import/export tariffs, easing quotas, or facilitating smoother trade procedures.Benefits of Free Trade Agreements in Export-Import Business:"Free Trade Agreements are game-changers in the world of business, especially in export-import scenarios. These agreements eliminate or significantly