Free-trade equilibrium (自由贸易均衡)

Free-trade equilibrium (自由贸易均衡 zìyóu màoyì jūnhéng) is a trade policy that does not restrict imports or exports.

  • (mào) as in commerce (商贸 shāngmào or 商业 shāngyè).
  • (yì ) as in deal or transaction (交易 jiāoyì).
  • Equilibrium (均衡 jūnhéng; jūn, well-distributed; héng, balanced) refers to a state where opposing forces or influences are balanced.
  • 均衡 (jūnhéng) as in a balanced diet (饮食均衡 yǐnshí jūnhéng).

Free-trade equilibrium (自由贸易均衡 zìyóu màoyì jūnhéng) word examples:

  1. Free-trade (自由贸易 zìyóu màoyì) as in a free-trade area (自由贸易区 zìyóu màoyì qū).
  2. Equilibruim as in Nash equilibrium (纳什均衡  nàshí jūnhéng).
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