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Bookmark or Share- What Is Free Trade? Definition, Theories, Pros, and Cons - ThoughtCoFree trade is the unrestricted importing and exporting of goods and services between countries. The opposite of free trade is protectionism—a highly-restrictive trade policy intended to eliminate competition from other countries.
- Free Trade - (Principles of Macroeconomics) - FiveableFree trade refers to the unrestricted exchange of goods and services between countries without the imposition of tariffs, quotas, or other trade barriers. It allows for the free flow of goods, services, capital, and labor across international borders, promoting economic efficiency and specialization.
- Free Trade Agreement OverviewWhat 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.
- Free trade - WikipediaFree 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, [1] [2] [3] [4] the opposite of free trade.
- Free Trade Agreement (FTA): Definition, How It Works, and ExampleA free trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Under a free trade policy, goods and services can be bought and sold...
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