Free Trade Day
Free Trade Day is observed next on Monday, May 8th, 2023 (224 days from today).
Free Trade Day was created by Dr. Tom Stevens, founder of the Objective Party, with the goal of making people more aware of the importance of free trade in wealth creation, an efficient economic and a higher standard of living.
Free trade is a topic often discussed in economics, but outside of experts, not many people know what free trade is. If you are looking for a great learning opportunity, then Free Trade Day is the ticket for you. Free Trade Day teaches what free trade is, why there are advocates for it, and its historic impact on the world.
Free Trade Day highlights what the world would be like without tariffs and trade barriers. It also aims to help encourage people to learn about this type of economic thought and its social implications.
History of Free Trade Day
Economics is a complex social science, and its central themes - supply, demand, taxes - are discussed from various angles by commentators. Free Trade Day is one such point in the modern economic debate.
Historically, the Free Trade movement began in the 19th century when trade was a diverse issue in American politics. High taxes began during the Civil War when Northern merchants wanted to protect their trade from Southern competition.
Southern businesses have chosen open trade policies to export cotton. Real free trade didn't begin as a concept until the 1980s with the Free Trade Agreement. Advances toward the idea of free trade came from the reduction of tariffs due to interest in foreign trade and the post-World War II economy.
Free trade has, ever since, been a topic of discussion as the 90s and 2000s rolled around. This has created economic debate over when companies will internationalize their production. Free Trade Day argues in favor of free trade and the re-establishment of free trade and removal of tariff barriers. It supports the idea that lower prices for consumers and growth opportunities for manufacturers follow.
Free Trade Day is intended to help teach people about the trading system and the bigger picture of world markets. Free Trade Day is celebrated every year by encouraging people to buy.
How to celebrate Free Trade Day
If you support the idea of free trade, show your support by inviting friends and family to discuss it. Review research on the benefits and disadvantages of free trade on a national and global scale.
IT is organized for the avoidance of Taxes and trade barriers. It is mainly organized by Free Trade advocates. Proponents say that having no barriers to trade is good for our economy, which gives you more benefits like lower prices for consumers. With that, it will provide growth opportunities for manufacturers. Post photos and share your thoughts on social media about the economy using the hashtag #FreeTradeDay.
ObservedFree Trade Day has been observed annually on May 8th.
Saturday, May 8th, 2021
Sunday, May 8th, 2022
Monday, May 8th, 2023
Wednesday, May 8th, 2024
Thursday, May 8th, 2025