Trade
in sentence
11085 examples of Trade in a sentence
Dollar depreciation improves Europe’s terms of
trade
and real income.
That distrust could derail new
trade
agreements currently in the works, and prevent future ones from being initiated.
As a former
trade
minister for Costa Rica, I know how difficult it is for countries – developed and developing alike – to craft
trade
policies that deliver benefits to all of their people.
In the developing world,
trade
has delivered high growth and technological progress.
According to the World Bank, since 1990
trade
has helped to halve the number of people living in extreme poverty.
Second, countries should come together to update the international rules governing
trade
to account for changing economic conditions, and effectively implement negotiated agreements.
Third, individual countries and institutions such as the World
Trade
Organization should work together to eliminate barriers that increase
trade
costs.
In particular, they must abolish agricultural subsidies, remove restrictions on
trade
in services, improve connectivity, facilitate cross-border
trade
and investment, and increase
trade
finance.
To be sure,
trade
must deliver for all countries and for all people, from factory workers suffering plant closures in Europe or the United States to subsistence farmers trapped in informal economies in Africa and South Asia.
But those who suggest that
trade
is a zero-sum game are simply avoiding the hard questions: Who should bear the painful dislocation costs from
trade
and new technologies?
Above all, they should bear in mind that even during past periods of rapid technological change, far more people benefited from free and open
trade
than from protectionist barriers.
Frictions between the two partners have developed over a wide range of issues, including trade, the renminbi’s exchange rate, regional security, intellectual property, and cyber attacks, among others.
(The IMF, however, clearly should not have helped finance the currency board's operation without demanding fiscal adjustment when the country liberalized its foreign trade.)
But Argentina's exporters will need help in returning to foreign markets, such as removal of tariff and non-tariff
trade
barriers by rich countries.
Similarly, the 2008 global financial crisis ended three decades of neo-liberalism, characterized by free
trade
and financial globalization.
If the G-20 leaders can also make meaningful progress towards resolving the Doha Round of
trade
negotiations, they will add momentum for global economic stabilization.
If not, protectionism and
trade
wars will intensify, and we will come one step closer to reliving the nightmare of the 1930’s.
If anything, the rise of nationalistic, populist, and nativist parties in Europe, North America, and Asia is leading to a backlash against free
trade
and labor migration, which could further weaken global growth.
Taxation is broad-based and relatively non-distorting, while open international trade, market forces, and private ownership of industry are relied on to maintain incentives.
These countries have small populations, easy access to international trade, natural resources, and peaceful neighbors.
Add to that China’s other strengths – annual GDP of over $10 trillion, a growth rate at least four percentage points higher than the global average, $3 trillion in foreign-exchange reserves, a savings rate of 40% of GDP, and a massive
trade
surplus – and an exchange-rate crisis seems highly unlikely.
HAVANA: A man riding the Chinese-made Forever brand bicycle under the Caribbean sun after eating a single slice of bread, washed down with very bad coffee, finds it difficult to ponder America's
trade
embargo against Cuba.
Trump’s misguided economic nationalism – embodied in new sanctions, tariffs, and scuttled
trade
deals – has weakened the United States in the Pacific Rim, and created fresh opportunities for America’s adversaries.
Trump’s threatened
trade
war with China is a case in point.
Even a cursory examination of China’s economic ties with America’s Asian allies illustrates just how ineffective Trump’s attacks on free
trade
will be.
China is also the region’s largest importer, with much of the
trade
from neighboring countries comprising electronics and machinery, underscoring China’s role as Asia’s “processing hub.”
Compare these numbers to Southeast Asia’s
trade
with the US, Europe, and Japan: in 2015, imports from these economies accounted for over 25% of the region’s total – only slightly more than China’s share.
For Australia, which counts China as its most important
trade
partner, the share is 28%, compared to just 7% for the US, Australia’s third-largest export market.
Seven of the 11 countries that signed the Trans-Pacific Partnership – the Obama-era initiative to expand
trade
with Asia that Trump rejected during his first month in office – are now participating in the Regional Comprehensive Economic Partnership, China’s rival
trade
pact.
Australians rightly worry about becoming collateral damage in Trump’s bilateral
trade
dispute.
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