Trade
in sentence
11085 examples of Trade in a sentence
The US has spent the past 70 years helping to build a global system that, despite its flaws, for the most part enables countries to
trade
peacefully and across great distances.
Since then, China has built six more artificial islands in the South China Sea and steadily expanded its military assets in this highly strategic area, through which one-third of global maritime
trade
passes.
Globalized markets, unfettered trade, militant Islam, China’s awakening: these are the things historians and strategists usually portray as the key forces shaping our destiny.
For example, the US views the Trans-Pacific Partnership – the huge
trade
agreement involving it, Japan, and 10 other leading Pacific Rim countries – as a technical scheme that will bring economic benefits through greater
trade.
Can the continent break the North-South commodity-based pattern of trade, and inaugurate a pattern of South-North-South triangular
trade
based on higher-value products?
The International Monetary Fund upgraded the GDP growth outlook of all six of the top ten oil producers that were shown separately in its 2018 forecast update, and the projected growth of world
trade
volumes was raised half a percentage point this year and next.
Thus, the ECB’s monetary policy will take on an increasingly beggar-thy-neighbor cast, leading to
trade
and currency tensions with the United States and other
trade
partners.
Adapting to the New GlobalizationBERKELEY – Around the world, countries are rethinking the terms of engagement in global
trade.
But new
trade
policies must be based on a clear-eyed understanding of how globalization is evolving, not on a backward-looking vision based on the last 30 years.
But, as the advanced economies reformulate
trade
policy, it is critical that they understand that globalization was already undergoing a major structural transformation.
From 1990 to 2007, global
trade
grew twice as fast as global GDP; since 2010, GDP growth has outpaced that of
trade.
Both cyclical and secular forces are behind the
trade
slowdown.
In short, slower global
trade
is likely to be the new normal.
In the absence of the TPP, it will be critical to find some other vehicle for establishing new principles for digital
trade
in the twenty-first century, with a greater emphasis on intellectual property protection, cross-border data flows, and
trade
in services.
The Broken Legs of Global TradeNEW YORK – The Doha Round, the latest phase of multilateral
trade
negotiations, failed in November 2011, after ten years of talks, despite official efforts by many countries, including the United Kingdom and Germany, and by nearly all eminent
trade
scholars today.
The failure to achieve multilateral
trade
liberalization by concluding the Doha Round means that the world lost the gains from
trade
that a successful treaty would have brought.
But that is hardly the end of the matter: the failure of Doha will virtually halt multilateral
trade
liberalization for years to come.
Of course, multilateral
trade
negotiations are only one of three legs on which the World
Trade
Organization stands.
Until now, preferential
trade
agreements (PTAs) among small groups of countries co-existed with multilateral, non-discriminatory trade-liberalization rounds.
As a result, the rules that govern trade, such as anti-dumping duties and countervailing duties to offset illegal subsidies, were in the domain of both the WTO and the PTAs.
So, while powerful, “hegemonic” countries like the US managed to impose their own rules on weaker partners in the PTAs that they helped to proliferate, big emerging economies like India, Brazil, China, and South Africa insisted on rejecting such demands when made as part of multilateral
trade
rounds like Doha.
Now, however, with the era of multilateral
trade
rounds and system-wide rules behind us, the PTAs are the only game in town, and the templates established by the hegemonic powers in unequal
trade
treaties with economically weaker countries will increasingly carry the day.
In fact, such templates now extend beyond conventional
trade
issues (for example, agricultural protection) to vast numbers of areas unrelated to trade, including labor standards, environmental rules, policies on expropriation, and the ability to impose capital-account controls in financial crises.
What is disturbing is the way in which some
trade
economists in Geneva and in Washington have capitulated to such propaganda, and regard capitulation by the WTO as a way to “salvage” and reshape the organization.
Once PTA-based DSMs are established, however, adjudication of disputes will reflect asymmetries of power, benefiting the stronger
trade
partner.
Given that the US has abandoned any pretense of leadership on world trade, it is up to major emerging economies and like-minded developed countries to establish their own template, one that adheres to
trade
objectives and discards what special-interest lobbies in hegemons like the US seek to foist on PTAs.
Arab states like Jordan have shown that reducing corruption in the security sector enables significant improvements, even in a challenging environment comprising long borders, extensive black market
trade
fed by wars in neighboring states, and large refugee populations.
They found that dealing with HIV/AIDS, hunger, free trade, and malaria were the world’s top priorities.
And the US-China relationship has deteriorated, with America seeking to manage China’s rise strategically – for example, through regional
trade
agreements and an enhanced military presence in Asia.
Likewise, domestic pressure has caused Obama to neglect
trade
issues.
Back
Next
Related words
Global
Countries
Would
Which
Economic
World
Their
Investment
International
Other
Growth
Could
Deficit
Policy
Should
Economy
About
Country
Between
While