The Trade Treaties

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What are the different types of the trade treaties?   

In terms of the geographical spread, the trade treaties like the trade areas may broadly be classified into following two main categories:

1. Intra-national trade treaty

2. International trade treaty

The word "Intra" means "within" and the word "Inter" means "between or amongst." Therefore, the intra-national trade treaty includes the trade treaties existing amongst the constituent units within a given nation-State and the international trade treaty includes the trade treaties entered into by two or more numbers of the nation-States.

The trade treaties can further be subdivided as under:

1. The Intra-national Trade Treaty:

(A) The Local:

This is a treaty entered into by two or more of the constituent sub-units comprising a given state or unit within a nation-State or the political entity. For example, the trade treaty entered into between two towns in a federal state.

(B) The Regional:

This is a treaty entered into by two or more, but not all the constituent states or the units comprising a given nation-State or a political entity.

(C) The National:

This is a treaty entered into by all the constituent states or the units comprising a given nation-State or a political entity.                           

2. The International Trade Treaty:

 (A) The Bilateral Trade Treaty:

This is a treaty entered into by the trade areas of any given two nation-States. This can further be subdivided as follows:

1. The Local:

This is entered into by two geographically contiguous immediate adjacent nation-States, i.e., Bangladesh and India.

2. The Regional:

This is a treaty entered into by two nation-States not located in geographical juxtaposition with each other. Rather, these nation-States are located far away from each other. Still, these nation-States give the impression of being located in a relatively contiguous geographical region, i.e., Bangladesh and Pakistan.

3. The Global:

This is a treaty entered into by two nation-States located distinctly in the two perceptibly different geographical entities, i.e., Japan and India or India and USA.

(B) The Multilateral Trade Treaty:

This is a treaty entered into by the trade areas consisting of more than two nation-States. This can further be subdivided as follows:

i.    The Local

ii.   The Regional

iii.  The Global

•1. The Local:

This is a treaty entered into by more than two nation-States located in the immediate vicinity to each other, i.e., India, Bhutan and Nepal. 

•2. The Regional:

                            This is a treaty entered into by more than two nation-States not located in immediate vicinity to each other. Although these nation-States are located far away from each other yet these give the impression of being located in a clear cut and well defined geographical region, i.e., Nepal, Bangladesh and Sri Lanka.

•3. The Global:

This is a treaty entered into by more than two nation-States located in the two or more than two distinct geographical regions, i.e., India, USA and Japan or USA, UK and Japan.

This article is written in the contexts of all types of the political entities, i.e., the sovereign nation-State or the non nation-State like the dominion not fully sovereign.

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