free trade
Americannoun
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trade between countries, free from governmental restrictions or duties.
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international trade free from protective duties and subject only to such tariffs as are needed for revenue.
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the system, principles, or maintenance of such trade.
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Chiefly Scot. smuggling.
noun
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international trade that is free of such government interference as import quotas, export subsidies, protective tariffs, etc Compare protection
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archaic illicit trade; smuggling
Other Word Forms
- free-trade adjective
- prefree-trade adjective
Etymology
Origin of free trade
First recorded in 1600–10
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.