what is Free trade. Free trade refers to non-restriction on international trade. Buying and selling can take place between different countries without the imposition of artificial barriers such as absence of customs duties quotas, embargoes.
There is perfect mobility of commodities and factors of production between countries.
check out these recent posts
- loans for businesses
- how to establish enterprises
- what is a firm
- price equilibrium
- scale of preference
- concept of economics
- tools for nation building
- budgeting
- factors affecting the expansion of industries
- mineral resources and the mining industries
Originally posted 2022-02-13 18:41:47.