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'''Free trade''' is often a [[Liberal euphemisms|misleading term]] for managed trade between nations without [[tariffs]], [https://freeenterprisecenter.net/free-trade quotas] or [https://freeenterprisecenter.net/free-trade subsidies] applying to the goods exchanged. Early proponents of free trade were the British economist [[Adam Smith]] and David Ricardo who developed the term in its modern form. Smith and Ricardo argued that some countries have specializations which give them a comparative advantage.  

'''Free trade''' is often a [[Liberal euphemisms|misleading term]] for managed trade between nations without [[tariffs]], [https://freeenterprisecenter.net/free-trade quotas] or [https://freeenterprisecenter.net/free-trade subsidies] applying to the goods exchanged. Early proponents of free trade were the British economist [[Adam Smith]] and [[David Ricardo]] who developed the term in its modern form. Smith and Ricardo argued that some countries have specializations which give them a comparative advantage.  

One key problem affecting trade which can make it unfair trade is state subsidies and state-run companies.  Other practices which can cause unfair trade is that some countries have a large amount of sweatshop labor or are heavy polluters of the air and water.  

One key problem affecting trade which can make it unfair trade is state subsidies and state-run companies.  Other practices which can cause unfair trade is that some countries have a large amount of sweatshop labor or are heavy polluters of the air and water.