Meaning of “free trade” in the English Dictionary

british dictionary

"free trade" in American English

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free tradenoun [ U ]

/ˈfri ˈtreɪd/

social studies the buying and selling of goods, without limits on the amount of goods that one country can sell to another, and without special taxes on the goods bought from a foreign country:

a free-trade agreement

(Definition of “free trade” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"free trade" in Business English

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free tradenoun [ U ]

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)