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Trade in sentence

11085 examples of Trade in a sentence

A successful conclusion of the round would be the strongest possible action to counter protectionist tendencies and resume growth in world trade.
Such a strategy would also have to take into account the global competitiveness of British industry, and complement the country’s new independent trade policy.
In 2006, China became Japan’s largest trade partner, and the new government formed by the Democratic Party of Japan in 2009 sought improved bilateral relations.
Today, indicators of this global slowdown are to be found everywhere – from underwhelming retail and trade data to unanticipated policy responses, including China’s surprise currency devaluation (which coincides with its leaders’ commitment to a long-term shift toward a more market-based exchange-rate regime).
Moreover, as Chinese officials and researchers have acknowledged, though China surpassed Germany in 2009 as the world’s largest exporter by volume, it has yet to develop into a truly “strong” trading country, owing to lackluster trade in services and low value-added production.
And China lacks the kind of strong international brands that trade powerhouses like the US and Germany boast; indeed, 17 of the top 25 global brands are American.
Though China has tried to increase its financial clout by encouraging the international use of its currency, renminbi-denominated trade still represents just 9% of the global total, compared to the dollar’s 81% share.
Private associations, it seems, have picked up where political parties and trade unions have left off.
But it also seeks protection from the dizzying effects of globalization, which probably will mean strong support for the EU’s Common Agricultural Policy, skepticism toward further trade liberalization and the will to improve European Union’s economic government.
Now, due to appalling fiscal policy on the part of George W. Bush’s administration and some bad luck, the US economy has wedged itself into a very uncomfortable position, hemmed in by its huge budget and trade deficits.
Other cases in which barriers to transatlantic trade and investment conceal conflicting objectives and deep-rooted attitudes include France’s protection of its cherished audiovisual sector and America’s desire to continue to block European penetration of its iconic airline industry.
A similar policy of “mutual recognition” could be the key to successful US-EU trade negotiations, but only if both parties can overcome the biases that are built into their regulatory and political systems.
Although transatlantic tariffs average only 3-5% (with higher peaks for some sensitive products), tariff elimination would have a significant impact, given that bilateral trade totals $650 billion annually.
As American protection and oversight of free trade have become increasingly uncertain, they have taken proactive measures to counter Chinese power on their own, not least by banding together.
India and Japan are demonstrating that, through diplomacy and trade, Asia’s major powers can frustrate Chinese ambitions on their own.
But even Germany’s Iron Chancellor had to watch as distrust, economic nationalism, and populism pulled the European powers into a downward spiral of trade wars and diplomatic rivalry.
Anyone who has taken a first-year undergraduate course in economics would have no difficulty in identifying the countries with the largest trade surpluses and deficits.
The United States wins first prize with a trade deficit of more than $650 billion in the most recent 12 months.
The broader current-account indicator (which includes trade in services and net investment income) confirms America’s leading role: its external deficit is nearly $500 billion.
So the policy actions needed to reduce the trade and current-account imbalances are clear enough.
In response, a few African countries have raised duties on rice, violating a key tenet of neo-liberal trade philosophy.
Virtually every successful Asian economy was built on selective trade barriers – and in China and India, the world’s two fastest growing economies, such barriers remain in place.
For too long, African governments have listened to the siren song of free trade – and have suffered from too much openness, not too little.
Think of climate change; the risks of nuclear energy and proliferation; terrorist threats (qualitatively different from the dangers of conventional war); the collateral effects of political instability; the economic repercussions of financial crises; epidemics (whose risks increase with greater mobility and free trade); and sudden, media-fueled panics, such as Europe’s recent cucumber crisis.
The EU does have a bilateral trade deficit with China, but it also exports a lot to the Chinese market – much more than the US does.
More important, even if one accepts the view that globalization constitutes a threat to Europe’s social model, there is little scope for further integration, given that trade policy is already fully unified at the EU level.
In any case, the EU has generally contributed constructively to all major rounds of global trade liberalization.
Moreover, this relatively good trade performance has been achieved with a much lower increase in wage inequality in Europe than in the US.
Nor do US strategic considerations threaten the free flow of international trade and shipping.
The impending collapse in Europe, the global drop in risk appetite, and slower world trade are already having an impact on the region’s economies.
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