Definition of Free trade

a type of exchanging products for currency without any limitations by the government

Examples of Free trade in a sentence

An agreement was enacted by the Philippines’ government for free trade so that their citizens could export products without worrying about paying tariffs.  🔊

Two countries must join together if they want to lessen the taxes placed on imported and exported goods based on free trade.  🔊

Even though our country’s market system is based on free trade, my company still has to pay tariffs to another country due to our factories being located there.  🔊

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