Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Indian Geography Indian Economic and Human Geography
A Free Trade Zone, in international trade, happens to be there, where
1
All the participating member countries impose a common tariff on imports from non-member countries
2
All the participating countries allow free movement of labour and capital
3
Member countries abolish tariff and quotas on trade but maintain independence to impose restrictions on imports from non-member countries
4
Member countries adopt common economic policies on issues such as agriculture, transport, industry and regional policy