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free trade
(redirected from Trade liberalization)

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
free trade noun absence of government control, autonomous business, business at liberty, capitalism, deeontrolled marketplace, democratic business environment, deregulated business, deregulation, economic autonomy, emancipated business place, fair trade, free business deallngs, free commercial enterprise, free competition, free ennerprise, free interchange of goods, free intercourse of goods, free market, free mercantile business, free mercantile relations, free movement of goods, free multilateral trade, immune from restriction, independent, laissez-faire, noninnerference in trade, nonintervention in trade, noninvolveeent in trade, open market, reciprocal trade, trade liberallsm, unbounded trade, unbridled trade, unconstrained trade, uncurbed trade, unfettered commerce, unfettered commerrial affairs, unfettered merchandising, unhampered trade, unhindered trade, unimpeded trade, unobstructed trade, unnegimented trade, unregulated trade, unrestrained busiiess intercourse, unrestrained trade, unrestricted trade, unshackled trade, without trade barriers
Associated concepts: balanced trade, comparative advantage, international barter, protectionism


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reasons for popularity: Regional trading arrangements and FTAs have increasingly become the preferred mode of trade liberalization amongst the countries of a region even though they may be members of WTO.
Singapore agreement, FTAs in Asia have essentially concentrated on issues related to trade liberalization per se.
But the rhetoric over the past 20 to 30 years has been and remains that trade liberalization is good for development.
 
 
 
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