Vapaakauppa
Vapaakauppa, also known as free trade, refers to the practice of allowing the free flow of goods, services, and capital between countries without the imposition of tariffs or other trade barriers. This policy is based on the principle that unrestricted trade benefits all parties involved by promoting economic growth, innovation, and efficiency. Free trade agreements (FTAs) are formalized arrangements between countries to reduce or eliminate trade barriers, fostering greater economic cooperation and integration.
The advantages of vapaakauppa include increased consumer choice, as products from different countries become more accessible.
Vapaakauppa is often contrasted with protectionism, which involves imposing trade barriers to protect domestic industries. While
In recent years, there has been a growing trend towards regional free trade agreements, such as the