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Trade in sentence

11085 examples of Trade in a sentence

Trump’s Currency Confusion ContinuesCAMBRIDGE – Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage.
China does meet the third criterion: a bilateral trade surplus with the US in excess of $20 billion.
The huge US trade deficit worldwide is sufficient to explain the bilateral deficit.
Moreover, Trump has launched a trade war by imposing import tariffs on America’s major trading partners.
He thinks this will improve the US trade balance, but does not understand that if foreign exporters are cut off from the US market, they will not have the dollars to buy US goods.
Trump’s escalation of the trade war over the course of 2018 appears to have had the effect on the dollar predicted by economic theory.
Alongside rising trade and current-account surpluses, the People’s Bank of China (PBOC) maintained a policy of intervening in the foreign-exchange market to dampen appreciation, thereby amassing huge foreign exchange reserves.
What he misses are two fundamental drivers of that depreciation: his own fiscal and trade policies.
But if weak productivity growth persists – and with it subpar growth in wages and living standards – the recent populist backlash against free trade, globalization, migration, and market-oriented policies is likely to strengthen.
Labor economists focus not only on how trade unions can distort markets, but also how, under certain conditions, they can enhance productivity.
What trade policies might boost exports of goods rather than labor?
But the Palestinian/Israeli customs union is extremely costly because it impedes expanding Palestinian trade links with the rest of the world.
Adopting a more neutral trade regime, in which Israel is treated the same as any other trading partner, would then become more attractive.
Our simulations indicate that a non-discriminatory trade regime would magnify the potential positive impact of depreciation in the real exchange rate (as a result of the reduction in wages) on Palestinian GDP.
Gains from trade would undoubtedly take time to materialize, and restoring access to the Israeli labor market would more quickly boost incomes for a large number of ordinary Palestinians than any effort to promote the export of goods.
This makes adopting trade policies that facilitate Palestinian trade with Israel and the rest of the world even more crucial.
Without such a global trade option, the West Bank and Gaza could be prevented from exporting both goods and labor, producing even more dire and tragic consequences for the Palestinian people.
Obama is the first US president in a long time who has not played a leading role on global trade liberalization.
The Doha Round of global trade talks remains stalled, and Obama delayed the three bilateral free-trade agreements that awaited approval when he came into office.
Romney is a proponent of free trade, but has said that he would be tougher on China’s trade practices and currency policies.
These policies would affect US economic growth, the budget deficit, national saving, and hence global trade and capital flows.
Countries like Spain, Greece, and Ireland developed real-estate bubbles, grew faster, and developed trade deficits with the rest of the eurozone, while Germany – weighed down by the costs of reunification – reined in its labor costs, became more competitive and developed a chronic trade surplus.
Though exchange rates are notoriously unpredictable, the best guess is that a slow unwinding of the massive US trade deficit will keep the dollar on a path of gradual long-term decline.
European leaders are arguing, with some justification, that their exporters are paying the price for America’s huge trade imbalance with Asian and oil-exporting countries.
The Federal Reserve would be forced to lower interest rates further, making the dollar even less attractive, and the concomitant shift in global demand away from the US, marked by a sharp decline in the US trade balance, would put still more pressure on the dollar.
According to my own calculations in a series of research papers with Maurice Obstfeld, the trade-weighted dollar would likely fall by 20% if a global demand shift (say, due to a US housing recession) were to cut the US trade deficit in half.
But if emerging markets force Europe to take all the adjustment, the results would be catastrophic, pushing up the euro to $1.50, $1.60 or beyond, with truly dire consequences for trade.
Consider what happens in international trade, where such shading of research is established practice.
For fear of empowering the “protectionist barbarians,” trade economists are prone to exaggerate the benefits of trade and downplay its distributional and other costs.
In practice, this often leads to their arguments being captured by interest groups on the other side – global corporations that seek to manipulate trade rules to their own advantage.
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