It is widely known in the world of global trade that where goods cross international borders, customs duties can become payable. Countries often enter into free trade agreements (FTAs), which are very comprehensive agreements addressing a number of topics with the aim of facilitating the trade of services and goods. Trade facilitation typically includes a reduction in customs duties levied where the goods originate from the other country but also the reduction and/or elimination of barriers to trade. FTAs can be bilateral or multilateral, and well-known examples include the (bilateral) FTA between the European Union (EU) and Mexico and the (multilateral) United States–Mexico–Canada Agreement (USMCA).
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