Trade
in sentence
11085 examples of Trade in a sentence
In ten short years, the euro revolutionized the global economic environment, rising to the status of the world’s second currency and rivaling the dollar as a medium for international
trade
and finance.
The benefits of a monetary union based on a stable macroeconomic framework and governed by an independent central bank are manifest: the euro area has enjoyed low inflation and low interest rates for much of the last decade, a boost in
trade
and investment, and rapid integration of financial markets.
The big increase in domestic output of shale oil and gas has also helped the
trade
balance recently.
China’s
trade
adjustment in some respects followed that of Japan, the original focus of American
trade
anxieties in the 1980s.
Russia, Ukraine, the Baltics and others in Central Asia as oil comes on line, will see a growing portion of their
trade
going this way.
During his primary and general election campaigns, Trump lied incessantly about himself, his businesses, his opponents, other countries’ behavior and motivations, America’s electoral system, the size of
trade
deficits, the actions of the Federal Reserve, and data on everything from labor to crime (to name a few examples).
Countries that fail to build inclusive education systems face the prospect of sluggish growth, rising inequality, and lost opportunities in world
trade.
As America’s terms of
trade
(the ratio of export prices to import prices) deteriorate, demand is shifted toward US goods, keeping the economy at full employment.
The terms of
trade
will thus remain unchanged, as long as the exchange rate does as well.
The result is the desired deterioration of the producer’s terms of
trade
and the maintenance of full employment.
But this line of reasoning assumes that a country’s terms of
trade
move in lockstep with its exchange rate.
As it turns out, there is no evidence that the terms of
trade
and the exchange rate move in tandem.
On the contrary, a 1% depreciation in the bilateral exchange rate is associated with only a 0.1% depreciation in the bilateral terms of
trade
in the year of the depreciation.
As a result, the terms of
trade
change very little, even if the exchange rate fluctuates.
This phenomenon applies even to
trade
transactions that do not include the US.
In fact, we document that global
trade
prices and volumes are driven by the dollar exchange rate, rather than the exchange rate between the two trading partners’ currencies.
The strength of the US dollar is thus a key predictor of aggregate
trade
volume and consumer/producer price inflation worldwide.
But, in a dollar-dominated
trade
environment, their ability to support full employment is severely limited.
The leaders of smaller nations must also consider, in contexts like global warming,
trade
pacts, foreign aid and the treatment of refugees, to what extent they are prepared to consider the interests of "outsiders”.
Indeed, there have been many smaller “booms” – in consumption, foreign direct investment, domestic stock markets, trade, travel, overseas study, military modernization, and international diplomacy.
The inescapable irony is that teenagers and young women pursue a tan to look more attractive, but
trade
a moment or two of sunny radiance for a whole lifetime of premature wrinkles, fine lines, and haggard-looking skin.
Civilizing the Marketplace of IdeasCAMBRIDGE – “When men have realized that time has upset many fighting faiths,” US Supreme Court Justice Oliver Wendell Holmes wrote in a famous dissenting opinion in 1919, “they may come to believe…that the ultimate good desired is better reached by free
trade
in ideas – that the best test of truth is the power of the thought to get itself accepted in the competition of the market, and that truth is the only ground upon which their wishes safely can be carried out.”
Far from engaging in Holmes’s free
trade
in ideas, Krugman has been the intellectual equivalent of a robber baron, exploiting his power to the point of driving decent people away from the public sphere – particularly younger scholars, who understandably dread a “takedown” by the “Invincible Krugtron.”
As many as two million children are victims of trafficking every year, with many sold into the sex
trade.
But there is a hitch: the gas deals amplify a significant bilateral
trade
imbalance, with Russia supplying raw materials to China and importing Chinese manufactures.
There may be impediments to international trade, but nothing like in Eastern Europe, which largely traded with itself in distorted and artificial ways.
Even so, these countries’ geographic proximity to Europe enhances the benefits from
trade
and financial integration.
When incomes get significantly out of line with productivity levels (as they have recently), reviving growth requires resetting the terms of trade, which can be done with exchange rates, whether managed or set by markets.
But the policy decisions that gave rise to these problems – decentralizing control over land and permitting markets to direct the flow of talents, trade, investment, and capital – have also been critical to progress.
This idea matters a lot in
trade
policy.
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