A Multilateral Trade Agreement is a treaty between three or more countries that aims to facilitate trade by reducing tariffs and other trade barriers. These agreements help create a more predictable and stable trading environment, encouraging countries to engage in international commerce. Examples include the North American Free Trade Agreement (NAFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Such agreements often cover various aspects of trade, including goods, services, and investment. By participating in a multilateral trade agreement, countries can benefit from increased market access, economic growth, and improved diplomatic relations with other member nations.