Free trade

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Free trade is a term meaning unregulated trade between nations without tariffs or quotas placed on the goods exchanged.

Free trade is controversial because it can have undesired side effects, such as a massive loss of manufacturing jobs by the wealthier trading partner though a mechanism known as "offshoring" those jobs to a trading partner having cheaper labor.

Free trade also raises moral issues, such as the use by a nation of slave-labor or building military weapons to be used against other nations. In addition, free trade can increase the importation of undesired, concealed illegal drugs.