Concept information
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politics and international relations
political science
campaigns, elections and electoral behavior
campaigns, elections, and the law
social science subjects
politics and international relations
international relations
international trade
Preferred term
free trade
Definition
- Free trade means the exchange of goods and services across international borders, unhindered by government tariffs, quotas, or other restrictions. Since the publication of The Wealth of Nations by Adam Smith in 1776, the debate over free trade has been one of the major battlegrounds in the broader controversy about economic freedom. [Source: The Encyclopedia of Libertarianism; Free Trade]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/free_trade
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