Definition: The word "Fare Reform" originated in the 13th century and was a system that encouraged trade to be conducted across Europe without tariffs. The term "fery" refers to a person or entity who is responsible for making decisions regarding a specific matter, which can include policies, regulations, or other decision-making processes. The concept of "Fare Reform" has evolved over time, as different countries have implemented different methods and practices. In the 20th century, the term gained new meaning when it was used to refer to trade agreements that aimed to reduce tariffs on goods traded between members of a group of nations. This approach was often facilitated by international organizations such as the World Trade Organization (WTO) or the European Union (EU). Overall, "Fare Reform" refers to the practice of negotiating and implementing trade policies that aim to lower barriers to trade among countries in an effort to increase competition and promote economic growth.
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