@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix isothes: <http://purl.org/iso25964/skos-thes#> .

<https://concepts.sagepub.com/social-science/concept/trade_pact>
  skos:definition "A trade pact eliminates trade restrictions among its member countries while discriminating against third parties. Trade pacts can be constructed as preferential trade agreements (arrangements with a limited degree of tariff preferences) or as free trade areas (FTA) where tariffs on trade among member countries are removed, while tariffs for imports of nonmembers are not changed. [Source: <a href=\"https://sk.sagepub.com/reference/businesstoday/n920.xml\" target=\"_blank\" data-id=\"to-sk\">Encyclopedia of Business in Today's World; Trade Pact</a>]"@en ;
  skos:broader <https://concepts.sagepub.com/social-science/concept/international_trade> ;
  skos:prefLabel "trade pact"@en ;
  a skos:Concept .

<https://concepts.sagepub.com/social-science/concept/international_trade>
  skos:prefLabel "international trade"@en ;
  a skos:Concept ;
  skos:narrower <https://concepts.sagepub.com/social-science/concept/trade_pact> .

<https://concepts.sagepub.com/social-science/concept/conceptgroup/concepts>
  a skos:Collection, isothes:ConceptGroup ;
  skos:prefLabel "concepts"@en ;
  skos:member <https://concepts.sagepub.com/social-science/concept/trade_pact> .