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free trade

free trade

57 3.5
Buying and selling between countries without government taxes or limits
  • noun
  • /fri treɪd/
translation icon : libre comercio
  • The country established a system of free trade that allowed goods to move without tariffs.
  • a free trade agreement
  • free trade agreement (FTA)
  • free trade negotiations

I don't think that Trump has greatly undone free trade there.

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Examples

  • Today we see the possibility of free trade agreements with Mexico and other Latin American countries.

    Academic text (1991)
  • The Danish model squares another circle by reconciling free trade with economic security.

    Academic text (2008)
  • Well, where did you find the big support in the world for free trade from Britain?

  • Europe Europe has a responsibility to stand up for free trade in the interests of all our citizens.

  • This is free trade between nations.

  • Indeed, Mexico appears prepared to go farther, faster on some free trade issues than Canada was.

    Academic text (1991)
  • There are three specific reasons why a U.S.-Mexico free trade agreement makes good sense for both countries.

    Academic text (1991)
  • My Government intends to work towards a new partnership with the European Union based on free trade and friendly cooperation.

  • Free trade between the states, new laws, good thing for all Australians.

  • If we look at the situation before free trade, Canada already admitted, duty-free, some 65%.

    Academic text (1991)

Antonyms

17 7.0

A government policy that helps local businesses by making foreign goods more expensive or limiting imports

How Open

free trade
57 3.5
regulated
4.1
restraint of trade
  • Specialized
1 7.0
protectionism
17 7.0
trade embargo
  • Formal
7 5.9

Surface Forms

free trade singular
free trades plural

Morphology

free + trade

The meaning 'trade without government restrictions' is transparently built from 'free' (without constraints) + 'trade' (buying and selling). Although 'free' can also mean 'at no cost', the collocation 'free trade' follows a clear compositional pattern and has direct equivalents in many languages, so a B1 learner who knows both constituents can infer the intended sense.

Etymology

Free trade gives a simple picture: traders meeting with no fences or tax collectors between them. Free means 'without limits' and trade means 'buying and selling', so it means 'trade without government restrictions', for example no taxes on imports or limits on the amount of goods.