Free Trade - Features of Free Trade

Features of Free Trade

Free trade implies the following features:

  • Trade of goods without taxes (including tariffs) or other trade barriers (e.g., quotas on imports or subsidies for producers)
  • Trade in services without taxes or other trade barriers
  • The absence of "trade-distorting" policies (such as taxes, subsidies, regulations, or laws) that give some firms, households, or factors of production an advantage over others
  • Free access to markets
  • Free access to market information
  • Inability of firms to distort markets through government-imposed monopoly or oligopoly power

Read more about this topic:  Free Trade

Other articles related to "free":

Qadariyah
... Islam, are adherents of the doctrine of free will ... Qadaris maintain that Allah gave man free will, without which one cannot be fully accountable for one's actions ... Free will also means that Allah cannot know a man's actions in advance ...
École Normale Supérieure - Free Online Content
... Some lectures are in free access on the "Transfer of knowledge" site of the ENS ... About sixty books are in free access on the "Éditions Rue d'Ulm" site, all in French ...
Harriet Tubman - Family and Marriage
... that any children born after she reached 45 years of age were legally free, but the Pattison and Brodess families had ignored this stipulation when they inherited the ... Around 1844, she married a free black man named John Tubman ... Such blended marriages - free people marrying enslaved people – were not uncommon on the Eastern Shore of Maryland, where by this time, half the black population was ...
Free - People
... Ann Cottrell Free (1916–2004), American journalist Arthur M ... Free (1879–1953), American politician Doug Free (born 1984), American football offensive tackle Duncan Free (born 1973), Australian rower and Olympic medalist F ... William Free (1928–2003), American advertising executive Gavin Free (born 1988), English filmmaker James S ...

Famous quotes containing the words features of, trade, features and/or free:

    Each reader discovers for himself that, with respect to the simpler features of nature, succeeding poets have done little else than copy his similes.
    Henry David Thoreau (1817–1862)

    Every trade has its master.
    Chinese proverb.

    It is a tribute to the peculiar horror of contemporary life that it makes the worst features of earlier times—the stupefaction of the masses, the obsessed and driven lives of the bourgeoisie—seem attractive by comparison.
    Christopher Lasch (b. 1932)

    Young mothers assemble
    At swing and sandpit
    Setting free their children.
    Philip Larkin (1922–1986)