Free Trade means

Assessment: WAEC SSCE - Economics - 1997 (Objective) Subject: Economics

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Free Trade means
Answer Details
Free trade refers to the absence of restrictions on international trade, such as tariffs, quotas, or other barriers. In a free trade system, goods and services can move freely between countries without significant government intervention or protectionism. This allows producers and consumers to engage in trade with fewer restrictions and typically results in lower prices and a greater variety of goods and services available to consumers.
Read lesson note on International Trade (JAMB)
Read lesson note on Economic Integration (WAEC)
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