The correct answer is Free trade.
Free trade refers to a situation in which a government does not restrict what its citizens can buy from or sell to another country.
What is Free Trade?
- It refers to the absence of any government policies and barriers over the import and export of goods.
- It helps in maintaining a healthy global economy and enables countries to form better relations.
- A free trade also has no tax over it.
- Free trade helps in exchange of products and therefore increasing the consumer choice in the market.
- It encourages the foreign investment and provides companies a chance to expand their work area.
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