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Simple English definitions for legal terms

free trade

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A quick definition of free trade:

Free trade means that countries can buy and sell things with each other without any rules or restrictions from their governments. This includes things like no taxes or barriers on goods and services, and everyone can access markets and information equally. The North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) are examples of agreements that try to make free trade a reality. The opposite of free trade is called protectionism, which means that countries try to protect their own businesses by making it harder for other countries to sell things in their markets.

A more thorough explanation:

Definition: Free trade is a policy that promotes international trade without any restrictions from governments. This means that goods and services can be traded without taxes or barriers, and there is no limit to access to markets and market information. The goal of free trade is to increase economic growth and create more opportunities for businesses and consumers.

Examples: The North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) are two examples of treaties that promote free trade. NAFTA is an agreement between the United States, Canada, and Mexico that eliminates tariffs and other trade barriers between the three countries. The WTO is an international organization that sets rules for global trade and resolves disputes between member countries.

Explanation: Free trade allows businesses to expand their markets and reach more customers around the world. By removing barriers to trade, businesses can import and export goods and services more easily, which can lead to lower prices for consumers and increased competition. The examples of NAFTA and the WTO show how countries can work together to promote free trade and create a more open and interconnected global economy.

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i cant i would go crazy
JumpySubsequentDolphin
20:50
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JumpySubsequentDolphin
20:50
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the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
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JumpySubsequentDolphin
21:35
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JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
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22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
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JumpySubsequentDolphin
22:39
@splitty Oregon!
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JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
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