What is the primary purpose of international trade agreements?

The primary purpose of international trade agreements is fundamentally to facilitate trade between countries, primarily by reducing tariffs and other barriers to trade. By establishing agreements that lower tariffs, quotas, and import licensing requirements, countries can encourage the flow of goods and services across borders. This enhanced trade efficiency not only benefits consumers by providing access to a broader range of products at possibly lower prices but also stimulates economic growth and cooperation among nations.

While regulating currency exchange rates, promoting national security, and enhancing cultural exchanges are important aspects of international relations, they do not encapsulate the primary objective of trade agreements. Instead, these agreements focus directly on making it easier and cheaper for countries to trade with one another, thus fostering a more integrated global economy.