Meaning of the word "free trade" in English

What does "free trade" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

free trade

US /ˌfriː ˈtreɪd/
UK /ˌfriː ˈtreɪd/
"free trade" picture

Noun

1.

international trade left to its natural course without tariffs, quotas, or other restrictions.

Example:
The two countries signed a free trade agreement.
Advocates of free trade argue it leads to economic growth.
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