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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Partway through a panel discussion at a recent economics conference in San Francisco, Jason Furman, a former adviser to President Barack Obama, turned to Kimberly Clausing, a former member of the Biden administration and the author of a book extolling the virtues of free trade. Ben Casselman, New York Times, 10 Jan. 2025 And in December, EU members finally signed a new free trade agreement with Mercosur, the free trade bloc comprising Argentina, Brazil, Paraguay, and Uruguay, indicating that Europe does not share the Biden and Trump administrations’ reflexive skepticism of multilateral trade agreements. Robin Niblett, Foreign Affairs, 8 Jan. 2025 Many wealthy Republicans—like William Astor and William K. Vanderbilt, who made their fortune in commerce and shipping—favored free trade. Einav Rabinovitch-Fox / Made By History, TIME, 7 Jan. 2025 The legendary investor said the benefits of free trade are practically invisible as consumers are used to how things are priced. Yun Li, CNBC, 8 Dec. 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 18 Jan. 2025.

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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