free trade
Pronunciation
/ˈfri ˈtreɪd/

Definition & Meaning of "free trade"in English

Free trade
01

a system of international trading in which there are no restrictions or taxes on goods bought or sold

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
Examples
Many economists argue that free trade agreements promote economic growth by reducing barriers to international commerce.
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