22 lines
855 B
Markdown
22 lines
855 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-02 -->
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# Gradual Restoration of Trade Freedom
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## Definition
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The careful, phased removal of trade restrictions to minimize economic disruption when transitioning from protectionist policies to free trade. This approach recognizes that sudden changes can cause significant hardship for workers and businesses adapted to protected markets.
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## Source Chapter
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Book IV, Chapter 2
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## Context
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Smith advocates for a gradual approach to removing trade restrictions, particularly when entire industries have developed under protection. He argues that sudden changes could throw thousands out of work and cause unnecessary economic hardship, even when the ultimate goal of free trade would benefit society.
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## Economic Domain
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Regulation
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---
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