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infospace: process book-4-chapter-05

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Extract entities, map to VSM, and synthesize analysis.
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Bernd Worsch
2026-02-19 21:47:52 +01:00
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
# Free Trade
## Definition
The unrestricted exchange of goods and services across borders without
government-imposed tariffs, quotas, or other barriers to commerce.
## Source Chapter
Book IV, Chapter 5
## Context
Smith advocates for free trade as the natural state that best serves the
public interest, arguing that restrictions like bounties and prohibitions
only create artificial inefficiencies and higher prices.
## Economic Domain
Exchange
---