Free trade agreements (FTAs) are treaties between two or more countries that aim to reduce or eliminate barriers to trade, such as tariffs and import quotas. By promoting trade, these agreements help countries exchange goods and services more easily, which can lead to economic growth and increased competition. Countries often negotiate FTAs to enhance their economic relationships and create a more favorable environment for businesses. Examples of such agreements include the North American Free Trade Agreement (NAFTA) and the European Union (EU) trade agreements, which facilitate trade among member nations and boost their economies.