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WebCommonwealth free trade is the process or proposal of removing barriers of trade between member states of the Commonwealth of Nations. [1] WebThis is a list of Commonwealth of Nations countries by GDP in nominal values. Gross domestic product is the value of all final goods and services produced within a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. Values are given in millions of US dollars. WebWhen Britain joined the Common Market, Commonwealth countries, notably Australia and New Zealand, lost many of their special trading privileges with Britain, and had to find new markets for their products. Interestingly, the Commonwealth is still represented in the European Union, even though the UK has left it. flexibility training for kids