Social Sciences, asked by kartik8484, 3 months ago

define the term free trade​

Answers

Answered by Anonymous
2

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Free trade, also called laissez-faire, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).

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Answered by GAMINGgurl
2

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define the term free trade

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Free trade, also called laissez-faire, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).

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Basically it is a policy bought by the government which doesn't do a wrong act or insult the imports or intervene in the exports done by adding tariff for the imports or subsidies (A subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut.) for the exports.

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