What is another word for free trade?

Pronunciation: [fɹˈiː tɹˈe͡ɪd] (IPA)

Free trade refers to a policy that allows goods and services to be traded internationally without any restrictions or barriers. It is an essential component for global economic growth and development. There are numerous synonyms for free trade, such as open trade, tariff-free trade, liberal trade, unencumbered trade, and unrestricted trade. These synonyms suggest a policy that encourages the free movement of goods and services across borders, promoting economic cooperation and global integration. Advocates of free trade argue that it leads to increased competition, lower prices, and higher efficiency, creating benefits for producers and consumers alike. On the other hand, critics argue that free trade can lead to the exploitation of workers and the environment, as well as widening economic inequality.

What are the hypernyms for Free trade?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Free trade?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for free trade (as nouns)

Famous quotes with Free trade

  • NAFTA and GATT have about as much to do with free trade as the Patriot Act has to do with liberty.
    Michael Badnarik
  • By adopting the 'free trade,' or British, system, we place ourselves side by side with the men who have ruined Ireland and India, and are now poisoning and enslaving the Chinese people.
    Henry Charles Carey
  • But, we have had the debate in our country now for a number of years as to whether or not free trade agreements are good for economic growth and economic opportunity in creating jobs and lifting people out of poverty.
    Donald Evans
  • The progressive movement against the war of occupation in Iraq is a reason for hope, as is resistance to free trade agreements in Latin America. Those are moments that we have to celebrate: that people still find the resolve and energy to resist.
    Danny Glover
  • The advantage to Great Britain of a regular free trade in corn would, therefore, be more by raising the rest of the world to our standard and price, than by lowering the prices here to the standard of the Continent.
    Joseph Hume

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