CRS – Europes Preferential Trade Agreements: Status, Content, and Implications. Raymond J. Ahearn, Specialist in International Trade and Finance, March 3, 2011 “Preferential trade agreements (PTAs) comprise a variety of arrangements that favor member parties over non-members by extending tariff and other non-tariff preferences. PTAs, particularly free trade agreements (FTAs), have proliferated in recent years.… Continue Reading