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HSRP is not a routing protocol as it does not advertise IP routes or affect the routing table in any way. HSRP has the ability to trigger a failover if one or more interfaces on the router go down. This can be useful for dual branch routers each with a single link back to the gateway. If the link of the primary router goes down, the backup ...
A first hop redundancy protocol (FHRP) is a computer networking protocol which is designed to protect the default gateway used on a subnetwork by allowing two or more routers to provide backup for that address; [1] [2] in the event of failure of an active router, the backup router will take over the address, usually within a few seconds.
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.
The FTA was signed by Ronald Reagan into law the Trade and Tariff Act of 1984 which paved the way for FTA between Israel and the USA. The FTA was signed on April 22, 1985, and came into force on 1 September 1985. [12] The FTA reduced tariffs on different products in few steps until 1995. [13]
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Market Access Map, an online database of customs tariffs and market requirements. (International Trade Centre) (International Trade Centre) Integrated Trade Intelligence Portal I-TIP provides statistical and detailed information on non-tariff measures notified by WTO members.
The South Asian Free Trade Area (SAFTA) is a 2004 agreement that created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka with the vision of increasing economic cooperation and integration.