free trade

Translation

自由貿易 / 自由貿易協定

Meaning

International economic policy that allows goods and services to be bought and sold between countries without government-imposed tariffs, quotas, or other barriers.

Examples

• Economists often argue that free trade leads to lower prices for consumers.
  Economists often argue that free trade leads to lower prices for consumers.
• The government faced significant opposition when it proposed a new free trade agreement with neighboring nations.
  The government faced significant opposition when it proposed a new free trade agreement with neighboring nations.