Question

The term free trade can be best described as
a. the government promotion of private 4es.
b. full government control of imports and exports that. contribute to the nation’s GDP.
c. trade without tariffs, quotas or other restrictions.
d. trade that occurs between imperial colonies.

Answer 1

Free trade means a trade that is not restricted in any way - so the correct answer is c. trade without tariffs, quotas or other restrictions.

There are several organisations that unite countries that trade with each other without such limitations - such as NAFTA, the North Atlantic Free Trade organisation