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单词 free goods
释义

Free goods


goods admitted into a country free of duty.- W. Black.

See also: Free

free goods


Free Good

1. In economics, a good that is not scarce. That is, a free good is available to as many people as could ever want it in whatever quantity they want it. A major example is air. A free good is not subject to the law of supply and demand.

2. A good not subject to a tariff.

free goods

goods such as air and water that are abundant and thus not regarded as scarce economic goods. Such goods will be consumed in large quantities because they have a zero supply price, and there is thus a tendency to overuse these goods, causing environmental POLLUTION.
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