- 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