free trade

Definition

International business not restrained by government interference or regulation, such as duties.

Use free trade in a sentence

The North American Free Trade agreement made it much easier for companies based in Mexico to sell their products in the United States.

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When importing certain items from various islands it is considered for trade. This means the items are not taxed or considered duty free. When I brought back nuts from Brazil they were free trade.

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My company only imports products from companies that do not put tariffs on exports to the United States, and therefore takes advantage of free trade to bring cheaper products to our customers.

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antitrust laws trade liberalization