Frictionless trade: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages.) |
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Revision as of 11:26, 21 June 2020
1.
Strictly, frictionless trade is the theoretically complete absence of all costs, delay or restrictions on market activity.
2. International trade - European Union - Brexit.
More loosely, frictionless international trade is generally understood to mean the absence of border checks.