freetrade

noun
UK /ˌfriːˈtreɪd/
US /ˌfriːˈtreɪd/

Free trade is when countries buy and sell things with each other without extra taxes or rules.

The two countries signed a free trade agreement to make buying and selling easier.


OTHER MEANINGS

2. Trade that is not controlled or limited by the government.

Supporters say free trade helps businesses grow.

3. A policy of removing barriers like taxes on goods between nations.

The debate over free trade divided the voters.

4. Buying and selling without special fees or restrictions.

The market thrived under free trade.