Free Trade
Free trade is a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports) or quotas. According to the law of comparative advantage, the policy permits trading partners mutual gains from trade of goods and services.
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Famous quotes containing the words free and/or trade:
“What we want is not freedom but its appearances. It is for these simulacra that man has always striven. And since freedom, as has been said, is no more than a sensation, what difference is there between being free and believing ourselves free?”
—E.M. Cioran (b. 1911)
“Though I have locked my gate on them
I pity all the young,
I know what devil’s trade they learn
From those they live among,
Their drink, their pitch and toss by day,
Their robbery by night....”
—William Butler Yeats (1865–1939)