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  1. trade



    • 1. the action of buying and selling goods and services: "a move to ban all trade in ivory" Similar commerce, buying and selling, dealing, traffic, trafficking, ... more
    • 2. a skilled job, typically one requiring manual skills and special training: "the fundamentals of the construction trade" Similar craft, occupation, job, day job, career, ... more


    • 1. buy and sell goods and services: "middlemen trading in luxury goods" Similar deal, traffic, buy and sell, market, peddle, ... more
    • 2. exchange (something) for something else, typically as a commercial transaction: "they trade mud-shark livers for fish oil" Similar swap, exchange, switch, barter, substitute, ... more
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  3. Free trade | Definition & Facts | Britannica

    free trade, also called laissez-faire, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports). A free-trade policy does not necessarily imply, however, that a country abandons all control and taxation of imports and exports. The theoretical case for free trade is based on Adam Smith’s argument ...

  4. Free trade - Wikipedia

    Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, ...

  5. What is ‘free trade’? - Economy

    What is ‘free trade’? Free trade is the idea that things should be able to be traded between countries with as few restrictions or limitations as possible. Pretty much nowhere in the word has 100% free trade; every country has a complex set of taxes on foreign goods (called tariffs), limits on how many goods can be brought in (called quotas ...

  6. Free Trade Agreement Overview

    What are Free Trade Agreements? A Free trade Agreement (FTA) is an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods and services, and protections for investors and intellectual property rights, among other topics. For the United States, the main goal of trade agreements is to ...

  7. Free trade Definition & Meaning - Merriam-Webster trade

    free trade: [noun] trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue.

  8. Pros and Cons of Free Trade Agreements - The Balance

    Free trade agreements are treaties that regulate the tariffs, taxes, and duties that countries impose on their imports and exports.The most well-known U.S. regional trade agreement is the United States-Mexico-Canada Agreement (USMCA) which replaced the North America Free Trade Agreement (NAFTA) effective July 1, 2020.

  9. What is Free Trade? - Definition, Pros, Cons & Examples

    What Is Free Trade? Free trade is a policy formed between two or more nations that permits the unlimited import or export of goods or services between partner nations. However, not all trade is ...

  10. Free Trade: Definition, Meaning & Types | StudySmarter

    Free trade is international trade without restrictions. Free trade reduces barriers to imports and exports of goods and services such as tariffs, quotas, subsidies, embargoes, and product standard regulations between member countries. To create a free trade area, members sign a free trade agreement.

  11. Free Trade largely refers to the unrestrained import and export of commodities and services between nations worldwide. It is beneficial for consumers as they get low-price options in products. Protectionism is the antithesis of free trade. It is a very restrictive trade policy to prevent competition from other nations.

  12. What Is Free Trade? 2023 - Ablison

    Free trade is a concept that describes the transaction of goods and services between countries without tariffs, quotas, or other trade barriers. It is a system that aims to promote economic growth, create job opportunities, and enhance competition among businesses. The idea behind free trade is that each country should specialize in producing ...