Full integration of Member States is the last level of trade agreements. Under the GED project, we believe that regional trade agreements may have a positive impact on countries outside the agreement`s jurisdiction. Based on the Transatlantic Trade and Investment Partnership (TTIP) as a case study, we have developed “5 Steps to Inclusive TTIP for All!”, in which we explain how to use TTIP as a model for spreading the benefits beyond the borders of the signatories to an agreement. Regional trade agreements have the following advantages: regional trade agreements deal with a treaty signed by two or more countries to promote the free movement of goods and services beyond the borders of its members. The agreement contains internal rules that Member States comply with each other. As far as third countries are concerned, there are external rules to which members comply. The pros and cons of free trade agreements affect employment, business growth and living standards: free trade agreements are treaties that govern tariffs, taxes and tariffs imposed by countries on their imports and exports. The most well-known regional trade agreement in the United States is the North American Free Trade Agreement. The main criticism of free trade agreements is that they are responsible for outsourcing employment. There are seven global drawbacks: Customs union member statesA customs union is an agreement between two or more neighbouring countries to reduce trade barriers, reduce or remove tariffs and remove quotas. These unions have been defined in the General Agreement on Tariffs and Trade (GATT) and are the third stage of economic integration. The Committee on Economic Relations and Policy of Economic Union and The Policy of Economic Union and Eastern Europe Using the term `regional`, it should be remembered that trade agreements are international – member states of a trade pact do not need to be in a neighbouring country. As a result, regional trade agreements can cover large geographic areas.

The fundamental premise of a regional trade agreement (RTA) is to facilitate trade and strengthen economic integration between states. Representatives of the regions concerned negotiate conditions through several stages, until all parties are satisfied. These conditions generally involve the removal or total removal of trade barriers that can hinder trade, such as tariffs and quotas. Once a regional trade agreement is ratified, the signatory states would pave the way for an increase in the movement of goods, services, people and capital between them. Trade agreements open many doors. With access to new markets, competition intensifies. Increasing competition is forcing companies to produce better quality products. It also leads to greater diversity for consumers. If there are a variety of high quality products, companies can improve customer satisfaction. A better solution than protectionism is to include rules in trade agreements that protect against inconvenience.

One of the main advantages of regional trade agreements is the removal of trade barriers. This is an advantage because it acts as a catalyst for more trade and growth, as states have easier access to foreign markets. RTAs are, by their nature, much smaller than mega-regional trade agreements and extremely extensive global trade agreements. This makes it much easier and quicker to successfully conclude a regional trade agreement because there are fewer parties involved. International relations and peacekeeping are another advantage of regional trade agreements. If the common interests of countries are protected by a mutually beneficial pact, they are less likely to break the pact and come into conflict, at the risk of harming their respective economies. The EU – a broader regional trade agreement – is a perfect example of how RTAs are reducing probabil