European Free Trade Association (efta)The European Free Trade Association is an international organization that seeks to promote free trade and economic integration. This association is responsible for the management of (1) the EFTA free trade area, (2) the EFTA participation in the European Economic Area (EEA) and (3) EFTA's network of free trade agreements. This Association has a primary purpose in increasing international trade and for providing effective guidelines to develop economic cooperation with other nations.
The following questions have been addressed in this article:What institutions are involved in the EFTA structure?
What was the basis for the formation of the EEA?