Ranking of International Trade Agreements

International trade agreements are treaties between two or more countries that govern and regulate trade and economic relations between them. These agreements are aimed at reducing barriers to trade, such as tariffs and quotas, and promoting the free flow of goods and services between countries. They also often include provisions related to intellectual property rights, investment, and dispute settlement mechanisms.

The ranking of international trade agreements is based on their scope, depth, and impact on global trade. Some of the most influential trade agreements include the North American Free Trade Agreement (NAFTA), the European Union (EU) and its various trade agreements with other countries and regions, and the Trans-Pacific Partnership (TPP). These agreements cover a wide range of economic sectors and have significant implications for the global economy. Other important trade agreements include the World Trade Organization (WTO) agreements, which set the rules for international trade, and bilateral agreements between individual countries. The ranking of these agreements is often based on their ability to promote economic growth, create jobs, and facilitate the flow of goods and services across borders.