Economic Freedom, freedom to trade internationally

scale 0-10, 1970–2015

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The freedom to trade internationally component is designed to measure a wide variety of restraints that affect international exchange: tariffs, quotas, hidden administrative restraints, and controls on exchange rates and the movement of capital. In order to get a high rating in this area, a country must have low tariffs, easy clearance and efficient administration of customs, a freely convertible currency, and few controls on the movement of physical and human capital.

Source: Fraser Institute