Final answer:
Free trade involves unregulated exchange of goods and services between countries, a key aspect of neoliberal policies.
Explanation:
Free trade is characterized by the unregulated exchange of services and goods between countries, typically involving the reduction of import and export controls. This type of trade is a key feature of neoliberal policies, which promote free-market trade, deregulation of financial markets, privatization, and limited welfare services.
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