Difference between revisions of "Free trade"

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Revision as of 15:05, 27 October 2006

Free trade is an international trade policy whose aim is the free movement of goods and services, capital and people between nations, through the elimination of artificial barriers to trade such as tariffs, quotas, subsidies and protectionist regulations. It is generally supported by capitalist nations, and criticised by socialists or nationalists.

In NationStates

Some nations have pursued free trade agreements in NationStates. A list of known agreements can be found below.

In the NSUN

Although Free Trade has always existed as a category for proposals in the United Nations, free trade itself has never been particularly popular within that institution. However, this has changed to some extent more recently, with moves to use UN resolutions to achieve free trade meeting with some, though not total, success. At present, there are three standing free trade agreements passed by the UN: Global Food Distribution Act, Nuclear Energy Research Act and UN Recycling Commisssion. The Waste Disposal Covenant also contains some free trade provisions, whilst the UN maintains its longstanding prohibition on embargoes of medicine.

List of free trade agreements

Primarily trade agreements

General international agreements with free trade provisions