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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
Join 3 others in the comments View Comments But a blockbuster free trade agreement with the European Union — reached Friday between the bloc and Argentina, Brazil, Paraguay, Uruguay and Bolivia — could improve Argentina’s relations with its neighbors and Europe, helping the economy.
—Hanna Ziady, CNN, 10 Dec. 2024
As global demand continues to grow, particularly with the anticipated approval of a free trade agreement between the U.K. and India, I and other industry experts predict a significant rise in cask prices.
—Oliver Court, Forbes, 9 Dec. 2024
The Trump administration started to negotiate a free trade agreement in 2020 in no small part because of Kenya’s strategic importance as a diplomatic hub and security partner—as well as its major role in China’s Belt and Road Initiative.
—Ken Opalo, Foreign Affairs, 4 Dec. 2024
The former Canadian prime minister forged close ties with two Republican U.S. presidents through a sweeping free trade agreement that was once vilified but is now celebrated.
—Ryan Hogg, Fortune, 3 Dec. 2024
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Word History
First Known Use
1766, in the meaning defined above
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 25 Dec. 2024.
Kids Definition
free trade
noun
: trade between nations without restrictions (as high taxes on imports)
More from Merriam-Webster on free trade
Thesaurus: All synonyms and antonyms for free trade
Britannica.com: Encyclopedia article about free trade
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