Managed trade is another term for free trade.

Name: Managed trade is another term for free trade.
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Managed trade and free trade are actually opposite concepts. Free trade refers to a system where goods and services can move freely between countries without government intervention or tariffs. Managed trade, also known as strategic trade policy, involves governments using regulations and subsidies to achieve specific economic goals, such as protecting domestic industries or fostering economic growth.

Managed Trade Is Another Term for Free Trade