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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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yeah there are so many good cuisines in ithaca
renard99
22:31
@lilypadfrog: that’s a pity I’da be liking them all
texaslawhopefully
22:31
Only food I’m going to miss for sure if I leave Texas is texmex
22:31
waspy hasnt had thai food in ithaca yet. ithaca thai is so good
^^^^ truuuuuu
22:32
there are two major thai places and they have very similar names bc a divorced husband and wife own them lol
22:32
personally i think taste of thai is better than taste of thai express but thats just me
i had pho tho and it was really good and huge portions
texaslawhopefully
22:32
Glad they have good Thai food, I love Thai food! Can’t wait to visit :)
22:33
when tex goes to ithaca i want to come
Dkk
22:34
Crying Tiger, best Thai dish.
damn im so hungry all i had today was a curry tonkatsu and buldak
and it was a lil baby noodle cup
vvv hungry
22:36
curry tonkatsu so yummeh
22:36
whats even open rn? pizza?
CTB is it i think
22:37
is collegetown pizza not open
22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
i've been away for a while what were the most recent waves? any this week?
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