generally bad for one or both of the paticipating countries
elmo like free trade, elmo assembled by cheap chinese labour!
by kung fu karl July 1, 2005
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The ability to buy and sell on your own terms, without gov't red tape, gay trade agreements, or 14 year-old 'fair trade' faggots getting in your face.
I want what Peter has; he wants what I have. So we trade, and we're both better off for it.
by RXtasy February 1, 2005
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A broken system guaranteeing in participating countries that wages will be kept low, unemployment will be kept high, environments will be kept unsanitary, and governmental bodies will be corrupt.
The president sold his country's middle class down the river by signing the country into free trade agreements and eliminating tariffs on imports.
by K Corwin D December 25, 2016
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Generally good for both participating countries. Allows each country to stop doing things it's bad at, and be competitive in areas where it does the best.
"If there were an Economist's Creed, it would surely contain the affirmations 'I understand the Principle of Comparative Advantage' and 'I advocate Free Trade'." -Paul Krugman
by Oscar MacGorden March 23, 2012
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Also known as FTS, this is a hypocritical pirate alliance that is strongly opposed to free trade in the online game Pardus. Their name makes for some irony as they are renowned for their blocking of important sectors, general communist enforcement of trade prices, and restricting spawn points of powerful NPCs for their own members. Generally disliked by most Pardusians except for the Famous Pirate alliance.
"Dammit, my space farm just got raided by the Free Trade Syndicate!"

"Damn those pirates, they were probably after your bunnies!"
by Jobnob February 10, 2009
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Meaning of North American Free Trade Agreement in English:

North American Free Trade Agreement

PROPER NOUN

(also NAFTA)
An agreement which came into effect in January 1994 between the US, Canada, and Mexico to remove barriers to trade between the three countries over a ten-year period.
How to use North American Free Trade Agreement (nɔ (r)θ əˈmerɪkən fri treɪd əˈɡri mənt) in a sentence is still unknown.

North American Free Trade Agreement (nɔ (r)θ əˈmerɪkən fri treɪd əˈɡri mənt)
by ANCIENT_WOLFY January 19, 2022
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