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Free trade |
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Free tradeA situation in which there are no artificial barriers to trade, such as tariffs and NTBs. Usually used, often only implicitly, with frictionless trade, so that it implies that there are no barriers to trade of any kind. For a traded homogeneous product, it follows that domestic and world price must be equal.Similar MatchesCounter tradeCounter tradeThe exchange of goods for other goods rather than for cash; barter. Trade weight value of the dollarTrade weight value of the dollarThe value of the dollar pegged to, a market basket of selected foreign currencies. The Federal Reserve calculates a trade-weighted value of the dollar based on the weighted-average exchange value of the dollar against the currencies of 10 industrial countries. Terms of tradeTerms of trade1. The relative price of a country's exports compared to its imports. See improve the terms of trade.* 2. Outside of the economics of international trade, this expression often refers more broadly to the policies, facilities, and other arrangments that characterize the trade between one country or group of countries and another. Trade draftTrade draftA draft addressed to a commercial enterprise. See: Draft. Natural tradeNatural tradeTrade that is either free or restricted, but that is not artificially encouraged by subsidies or other stimulants. Further SuggestionsTradepoint Investment ExchangeReal trade Trade pattern Trade deflection World Trade Organization (WTO) Trade credit Static gains from trade Trade negotiation Crossed trade Spot trade Traders trader's remorse Gains from trade theorem ordinary trade Intraindustry trade Minister of International Trade Trade minister Ministry of Economy, Trade and Industry Trade adjustment assistance Improve the terms of trade Trade on the wire Merchandise trade Trade integration Horizontal intraindustry trade late reported trade |
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