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Free trade market is an economic system where people are allowed to willingly exchange goods, services and money without obstacles. One of the examples of the free market could be a situation where a person can freely trade their money, manpower or any other personal possession for anything that is going to bring benefit for both parties.
The Free Market View. The free market view traces its roots to classical economics and the international trade theories of Adam Smith and David Ricardo.. The free market view argues that international production should be distributed among countries according to the theory of comparative advantage.