| Free trade - Wikipedia, the free encyclopedia (7333 words) |
 | Free trade is the untaxed flow of goods and services between countries, and is a name given to economic policies and parties supporting increases in such trade. |
| Free trade supporters argue that all countries have the right to opt out of the world market through isolationism and that companies are fictional persons who are taxed without representation and that the balance of power should shift away from the governments that exploit them. |
| Free trade, then, creates an economic incentive for a race to the bottom in regulatory institutions; countries with lax, lenient, non-enforced, or selectively enforced regulatory legal structures will have a competitive advantage in attracting investment to their countries, and not merely in wages. |
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