- Free Trade -
Cierra Lane
Definition
The unrestricted purchase and sale of goods and services between countries without the imposition of constraints such as tariffs, duties, or quotas.
Globalism began as a vision of a world with free trade, shared prosperity, and open borders. These are good, even noble things to aim for.
- Deepak Chopra
Benefits of Free Trade
- Increased Production and Efficiency
- Consumer Satisfaction
- Employment and Economic Growth
- Foreign Exchange Gains and Decreased Poverty
- Increased Export
- Minimizes War