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4 Cards in this Set

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Free trade

The exchange of goods and services free from taxes or tariffs

Taxes/tariffs

Forms of protectionism designed to make imports more expensive than locally produced goods (thus protecting local producers

What are they designed to do

Inter-governmental organisation

Regional or global organisations whose members are nation states

IGO

What do IGOs do

They uphold treaties and international law, as well as allowing cooperation on issues such as trade,economic policy, human rights, conservation and military operations