Free trade agreement

Have you ever traded some candy with your friend at school? That's kind of like what countries do when they make a free trade agreement.

See, when two countries (like the United States and Canada) want to trade things with each other, they usually have to pay taxes to each other's governments for the things they're trading. It's kind of like if you had to pay your teacher every time you traded candy with your friend.

But with a free trade agreement, the countries don't have to pay those taxes when they trade with each other. It's like your teacher saying it's okay for you to trade candy with your friend without paying anything extra.

This can make it easier and cheaper for businesses in those countries to buy and sell things to each other because they don't have to worry about those taxes getting in the way. Plus, it can give people in those countries more options for the things they buy because they can get them from other countries that they have a free trade agreement with.

So really, a free trade agreement is just like when you and your friend decide to trade candy without anyone extra getting in the way.