Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “free trade”

free trade

noun [U]     ECONOMICS
international trade in which companies can import and export each other's goods without the usual taxes , limits , etc.: Business groups and advocates of free trade have pushed for even more cooperation among the three nations .free trade agreement/treaty/policy If accepted , the new free trade agreement would build on existing arrangements in South America .
(Definition of free trade noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of free trade

Definitions of “free trade” in other dictionaries

Word of the Day

familiarity

a good knowledge of something, or the fact that you know it so well

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More