In fact, the American economist Milton Friedman said, „The economic profession almost agreed on the desire for free trade.“ The creation of free trade areas is considered an exception to the most-favoured-nation principle within the World Trade Organization (WTO), since the preferences that parties to a free trade area grant exclusively to each other go beyond their accession obligations. [9] Although Article XXIV of the GATT allows WTO members to establish free trade areas or to adopt interim agreements necessary for their establishment, there are several conditions with respect to free trade areas or interim agreements that lead to the creation of free trade areas. . . .