Trade liberalization is the process of reducing barriers to trade between countries, such as tariffs and quotas. By making it easier for goods and services to flow across borders, countries can benefit from increased competition, lower prices, and a wider variety of products. This encourages economic growth and can lead to better relationships between nations. When countries engage in trade liberalization, they often enter into agreements, like free trade agreements, to promote cooperation. For example, the North American Free Trade Agreement (NAFTA) allowed the United States, Canada, and Mexico to trade more freely, boosting their economies and creating jobs in various sectors.