Economic agreements are formal arrangements between countries or organizations to promote trade and investment. These agreements can include tariffs, quotas, and regulations that govern how goods and services are exchanged. By reducing barriers, such agreements aim to enhance economic cooperation and growth. Examples of economic agreements include free trade agreements and bilateral trade agreements. These agreements often lead to increased market access, allowing countries to benefit from each other's strengths. They can also help stabilize economies by fostering interdependence and collaboration in various sectors, such as agriculture and manufacturing.