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A regional trading arrangement is an agreement among governments to liberalise trade and possibly to co-ordinate other trade related activities. There are four principal types of regional trading arrangements a:

- free trade area;
- customs union;
- common market;
- economic union.

Source Publication:
Glossary of Insurance Policy Terms, OECD, Centre for Co-operation with Non-Members, 1999.

Cross References:
Common market
Customs union
Economic union
Free trade area

Statistical Theme: International trade statistics

Created on Thursday, December 06, 2001

Last updated on Thursday, December 06, 2001