Trade agreement
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A trade agreement between two countries is a diplomatic agreement that their merchants will not compete with each other.
Creating Trade Agreements
A trade agreement may be created by a diplomatic action between two countries. The option is available only when there is currently no trade embargo between them. Attempts never seem to succeed with low relations, but can succeed with relations down to perhaps -100. High relations and good diplomatic skill in the monarch seem to help.
Effects of Trade Agreements
When a trade agreement is in place between two countries, the following effects apply:
- When attempting to send merchants into CoTs, neither country's merchants will "bump" the other's.
- Neither country may impose a trade embargo against the other.
- Both country's trade efficiency is decreased by 3%.
