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EFTA: Benefits and Member States by api-529669983 is a document available to read on EtoBox.
The European Free Trade Association (EFTA) was established in 1960 as an alternative trade bloc for European states not in the European Economic Community, which later became the European Union (EU). EFTA currently has 4 member states: Iceland, Norway, Switzerland, and Liechtenstein. The EFTA operates in parallel to the EU and aims to liberalize trade among its members. Benefits of trade blocs include increased foreign investment, economies of scale from larger markets, greater competition, and lower costs
- Author
- api-529669983
- Language
- EN