Caricom — The Caribbean Community and Common Market comprises 15 countries.
CTD — The WTO Committee on Trade and Development
Customs union — Members apply a common external tariff （e.g. the EC）.
EC — European Communities （official name of the European Union in the WTO）.
EFTA — European Free Trade Association.
free trade area — Trade within the group is duty free but members set own tariffs on imports from non-members （e.g. NAFTA）.
CTD — The WTO Committee on Trade and Development
Customs union — Members apply a common external tariff （e.g. the EC）.
EC — European Communities （official name of the European Union in the WTO）.
EFTA — European Free Trade Association.
free trade area — Trade within the group is duty free but members set own tariffs on imports from non-members （e.g. NAFTA）.