That's the question millions are asking (okay, maybe just me). But I heard at least four "free trades" in a discussion of the Colombia "free trade" agreement.
Of course the agreement is called a "free trade" agreement, but that is just part of the sales pitch, just like when President Reagan tried to name the MX missile the "peacekeeper" in the hope of making it more appealing to the public.
As BTP readers know, this is not a free trade deal. First, it does not free all trade. It will do little or nothing to make it easier for doctors, lawyers, and other highly educated professionals in Colombia to sell their services in the United States. It also increases some protectionist barriers in the form of copyright and patent protection.
Reporters always complain about having to convey large amounts of information in a limited space. So, if they could just refrain from saying the word "free" in the context of trade discussions, they would be have more space and be more accurately conveying information to their audience.
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