Cordial may refer to: 1  Liqueur, an alcoholic beverage. 2  Squash (drink) , a non-alcoholic fruit drink concentrate. 3  Elderflower cordial, a non-alcoholic beverage.4  Cordial (medicine) , a medicinal beverage.ordial may refer to: 1  Liqueur, an alcoholic beverage. 2  Squash (drink) , a non-alcoholic fruit drink concentrate. 3  Elderflower cordial, a non-alcoholic beverage. 4  Cordial (medicine) , a medicinal beverage.
A free-trade area is the region encompassing a trade bloc whose member countries have signed a free-trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers â import quotas and tariffs â and to increase trade of goods and services with each other.
Canadaâs trade agreement with the U.S. is estimated to have singlehandedly raised Canadian manufacturing productivity by 13.8% over the period from 1988 to 1996. Recognizing the importance of trade to the Canadian economy, successive governments have negotiated free trade agreements (FTAs) enabling companies to access new markets around the world. Simply put, trade agreements create a level playing field for companies to compete in international markets.