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Free trade, 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 imply, however, that a country abandons all control and taxation of imports and exports.
Free 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.
A 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...
: trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue. Examples of free trade in a Sentence.
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, [1] [2] [3] [4] the opposite of free trade.
What is free trade? Free trade, in theory, is the ideal situation in which individuals and companies in different countries can buy and sell goods to and from each other without any interference...
Free trade is an economic policy that allows goods and services to be traded across international borders with minimal or no government intervention, such as tariffs or quotas.
Free trade agreements regulate tariffs and other trade restrictions between two or more countries. Here are the three main types, with U.S. examples.
Free trade refers to the unregulated exchange of raw materials, commodities, and services among people and nations.
Free trade refers to the unrestricted flow of goods, services, and capital between countries without the imposition of government barriers such as tariffs, quotas, or subsidies.