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trade between countries, free from governmental restrictions or duties.
international trade free from protective duties and subject only to such tariffs as are needed for revenue.
the system, principles, or maintenance of such trade.
Chiefly Scot. .
international trade that is free of such government interference as import quotas, export subsidies, protective tariffs, etc Compare protection (sense 3)
(archaic) illicit trade; smuggling

Unrestricted trade among nations without government tariffs or customs duties on imports.


Read Also:

  • Free-trader

    noun 1. a person who advocates . noun 1. a person who supports or advocates free trade 2. (archaic) a smuggler or smuggling vessel

  • Free-trade zone

    noun 1. foreign-trade zone. (def 1). Abbreviation: FTZ.

  • Free-university

    noun 1. a school run informally by and for college students, organized to offer courses and approaches not usually offered in a college curriculum.

  • Free-variable

    noun, Logic. 1. (in functional calculus) a variable occurring in a sentential function and not within the scope of any quantifier containing it.

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