What is Free Trade?

Free trade refers to as “Policy of removal of all kind of barriers to international trade like Duties and Taxes, tariffs and custom regulations etc, thereby allowing free flow of trade of commodities, money etc between two or more countries”. The primary objective is to lower risk associated and to check the inflation of the commodities. It also helps in creating room for innovations of the commodities.

 

Read Next ...

 

Send this to a friend