A trade policy with limited or no tariffs, quotas, or other restrictions on international imports and exports.
Proponents of free trade between countries believe that the resulting commerce improves the economies of all participants. These achievements are manifested through improved diplomacy, talent exchanges, and complementary production and consumption patterns.
Proponents of restricted trade want to shield domestic industries from international competition and market manipulation. They also support restricted international trade policies to raise the quality and safety level of consumer goods.
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