Changes

[[Image:Sigentha.jpg|right|thumb|200px|[[Adam Smith]] ]]

[[Image:Sigentha.jpg|right|thumb|200px|[[Adam Smith]] ]]

'''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 late 1700s/1800s authors who discussed free trade were the British economists [[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 late 1700s/1800s authors who discussed free trade were the British economists [[Adam Smith]] and [[David Ricardo]] who developed the term. 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 and/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 and/or are heavy polluters of the air and water.