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Text 4 Pursuing free trade through WTO has many attractions. Countries bind themselves and their tr...

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agree on the restriction of internal trade  disagree whether to restrict free trade or not  hold different arguments because of their different interests  agree on free trade  
International free trade may improve the standard of living all over the world  Economists are all in favor of the free trade policy  International free trade may create international competition  Protectionism has been abolished due to encouraging monopoly, lower quality and higher prices  
exchange domestic markets for foreign markets  make concessions in foreign trade  adopt the most effective route to free trade  enforce trade policies even-handedly  
optimistic  doubtful  impartial  vague  
market management  trade protectionism  trade concession  market priority  
free on board  freight contract  freight and cost  free carrier  
e-commerce  WTO transparency  agenda  tariffs  
free of charge  free on board  freight collect  freight and cost  

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