25 lines
582 B
Markdown
25 lines
582 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Free Trade
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## Definition
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The unrestricted exchange of goods and services across borders without
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government-imposed tariffs, quotas, or other barriers to commerce.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith advocates for free trade as the natural state that best serves the
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public interest, arguing that restrictions like bounties and prohibitions
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only create artificial inefficiencies and higher prices.
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## Economic Domain
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Exchange
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---
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