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, which eliminate tariffs on imports and exports, and bilateral investment treaties, which protect investments between two countries. Such agreements can lead to increased market access, job creation, and improved economic relations, benefiting the economies of the involved parties, such as nations or trade blocs.