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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