unrestricted trade
noun phraseUK /ˌʌn.rɪˈstrɪk.tɪd treɪd/
US /ˌʌn.rɪˈstrɪk.tɪd treɪd/
Unrestricted trade is when countries buy and sell things with each other without rules that stop them.
The two countries agreed to unrestricted trade, so goods could move freely across their border.
RELATED WORDS
OTHER MEANINGS
2. Trade that is not limited by quotas, tariffs, or other government controls.
Economists studied how unrestricted trade affected prices in local markets.
3. The free exchange of goods and services between regions without special taxes.
Unrestricted trade between the provinces helped small businesses grow.
4. A policy of letting businesses trade openly with minimal government interference.
The new law promoted unrestricted trade to attract foreign companies.