Free trade  

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"What capitalists failed to accomplish by a century of repressive measures against trade union leaders, the World Trade Organization, enthusiastically endorsed by social democrat governments around the world, is doing for them. When barriers to imports are removed, nationally based trade unions are undermined. Now when workers in high-wage countries demand better conditions, the bosses can threaten to close the factory and import the goods from China, or some other country where wages are low and trade unionists will not cause trouble." --A Darwinian Left (1999) by Peter Singer, p. 5

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Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.
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Train wreck at Montparnasse (October 22, 1895) by Studio Lévy and Sons.

Free trade is a trade policy that does not restrict imports or exports; it can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold liberal economic positions while economically left-wing and nationalist political parties generally support protectionism, the opposite of free trade.


See also

Concepts/topics
Trade organizations




Unless indicated otherwise, the text in this article is either based on Wikipedia article "Free trade" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on original research by Jahsonic and friends. See Art and Popular Culture's copyright notice.

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