Definition: Free trade

From New World Encyclopedia

Etymology

free + trade, from Middle English free, fre, freo, from Old English frēo (free), from Proto-West Germanic *frī, from Proto-Germanic *frijaz (beloved, not in bondage), from Proto-Indo-European *priHós (dear, beloved), from *preyH- (to love, please). Related to friend. See trade.

Noun

free trade (uncountable)

  1. International trade without government interference, especially from tariffs or duties on imports.

Derived terms

  • free trade area
  • free trader

Credits

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