free trade

noun

: trade based on the unrestricted international exchange of goods with tariffs used only as a source of revenue

Examples of free trade in a Sentence

Recent Examples on the Web
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With the largest economy in the Caribbean and as a leading recipient of foreign direct investment (FDI) in the region, the Caribbean hosts more than 700 companies from around the world with around 79 different free trade zones (FTZs). Morten Johansen, Forbes, 1 Nov. 2024 Having previously served as an attorney dedicated to protecting the U.S. steel industry from foreign competition, Lighthizer entered the Trump administration with a protectionist mindset that propelled him to buck free trade conservative orthodoxy and engineer Trump's 2018 trade war with China. Nina Turner, Newsweek, 31 Oct. 2024 An environment where the rule of law is increasingly questioned, economic stability is at risk, free trade is stifled by fear of capricious retaliation, and our society is further divided rather than united, is not a good formula for a vibrant economy. Steven Tian, Fortune, 29 Oct. 2024 Despite the growing calls for free trade and progressive taxation, the movement to supplant regressive tariffs with progressive taxes faced numerous obstacles. Ajay K. Mehrotra / Made By History, TIME, 29 Oct. 2024 See all Example Sentences for free trade 

Word History

First Known Use

1766, in the meaning defined above

Time Traveler
The first known use of free trade was in 1766

Dictionary Entries Near free trade

Cite this Entry

“Free trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20trade. Accessed 26 Nov. 2024.

Kids Definition

free trade

noun
: trade between nations without restrictions (as high taxes on imports)

More from Merriam-Webster on free trade

Last Updated: - Updated example sentences
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