Free-trade
noun
1.
trade between countries, free from governmental restrictions or duties.
2.
international trade free from protective duties and subject only to such tariffs as are needed for revenue.
3.
the system, principles, or maintenance of such trade.
4.
Chiefly Scot. .
noun
1.
international trade that is free of such government interference as import quotas, export subsidies, protective tariffs, etc Compare protection (sense 3)
2.
(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.
- Free-variation
noun, Linguistics. 1. a relation between the members of a pair of phones, phonemes, morphs, or other linguistic entities such that either of the two may occur in the same position with no change in the meaning of the utterance: in the first syllable of “economics,” “e” and “ē” are in free variation.