free trade
A situation in which there are no artificial barriers to trade, such as tariffs and NTBs. Usually used, often only implicitly, with frictionless trade, so that it implies that there are no barriers to trade of any kind. For a traded homogeneous product, it follows that domestic and world price must be equal.
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Trade Bloc
free trade area
Mercosur
free trader
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National Securities Trading System (NSTS)
brokerage firm
money at call
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