Wednesday, April 17, 2024

" THE FREE TRADE AGREEMENT OF IRAQ" BY GOLDILOCKS, 17 APRIL

GOLDILOCKS 

During Iraq's visit to the US, they talked about a comprehensive economic relationship. In essence, this is a free trade agreement. 


A free trade agreement is cooperation between two countries that develops trade relations and investment opportunities on an International level. 


Trade deals increase imports and exports between two countries. This has the ability to bring into line exchange rates accomplishing less risk on both parties normalizing their trade exchanges between each other.


In other words, a free trade agreement with Iraq would bring an equilibrium of exchange rates between our countries allowing this trade relationship to move our currencies into a real value between us. 


WATCH THE WATER.


© Goldilocks


https://youtu.be/3HwVNjERTxA?si=8zHnh8s5qR-HJ33a


https://carlsonschool.umn.edu/news/international-trade-agreements-result-more-stable-currencies#:~:text=%E2%80%9CIt%27s%20hard%20to%20find%20a,less%20risk%20in%20their%20currencies.%E2%80%9D


https://www.trade.gov/free-trade-agreement-overview


https://smallbusiness.chron.com/supply-demand-model-trade-restrictions-13422.html


https://www.investopedia.com/terms/f/free-trade.asp#:~:text=A%20free%20trade%20agreement%20is,prohibitions%20to%20inhibit%20their%20exchange.


https://en.m.wikipedia.org/wiki/Free_trade_agreement

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