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free trade
(redirected from Trade liberalization)

   Also found in: Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
free trade
n.
Trade between nations without protective customs tariffs.

free trader n.

free trade
n
1. (Economics) international trade that is free of such government interference as import quotas, export subsidies, protective tariffs, etc. Compare protection [3]
2. (Business / Commerce) Archaic illicit trade; smuggling
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.free trade - international trade free of government interferencefree trade - international trade free of government interference
trade - the commercial exchange (buying and selling on domestic or international markets) of goods and services; "Venice was an important center of trade with the East"; "they are accused of conspiring to constrain trade"
NAFTA, North American Free Trade Agreement - an agreement for free trade between the United States and Canada and Mexico; became effective in 1994 for ten years
Translations
free trade nlibero scambio


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reasons for popularity: Regional trading arrangements and FTAs have increasingly become the preferred mode of trade liberalization amongst the countries of a region even though they may be members of WTO.
Singapore agreement, FTAs in Asia have essentially concentrated on issues related to trade liberalization per se.
But the rhetoric over the past 20 to 30 years has been and remains that trade liberalization is good for development.
 
 
 
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