Frictionless trade: Difference between revisions

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imported>Doug Williamson
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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.


See also