Ahead of its exit from the European Union, the UK is currently negotiating to secure free trade agreements with several countries, but what does this kind of deal actually mean?
When two countries agree to a free trade agreement, that does not normally mean the complete free movement of goods and services between their economies, with no taxes, quotas or barriers of any kind.
If you think about it that is pretty obvious, for instance in agriculture countries have subsidies for farmers, environmental rules, food standards and a dozen other policies.
To ensure free trade of agricultural products all those policies would have to be coordinated, if not exactly the same.
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