Trade
in sentence
11085 examples of Trade in a sentence
As a result, roughly 15% of sub-Saharan African
trade
is intra-regional, up from only 7% in 1990.
Remarkably, this reflects the emergence of new
trade
flows, not simply the redirection of existing ones.
African governments should pursue intra-regional
trade
liberalization, institutional integration, and infrastructure development with greater determination than ever.
Pressure was already growing to introduce
trade
sanctions in response to China’s refusal to allow its currency to rise to a natural level against the dollar.
Three completed
trade
agreements (with South Korea, Panama, and Colombia) have been languishing for years, mostly because of deep opposition to free
trade
from labor unions and the Democratic Party.
There is a fair chance that one or more of these bilateral accords will be approved (in part because the Obama administration seems finally to have recognized that
trade
can generate good jobs), but it is far less certain that the president will gain the authority needed to negotiate a new global
trade
deal.
Bush was also able to partly change the tone of the US message in the hemisphere: from free
trade
and fighting terrorism, to combating poverty and strengthening democracy and human rights.
Second, the White House must not only get the pending free
trade
agreements ratified by Congress, but should improve them, learning from the NAFTA experience, make them more poverty-sensitive, more environmentally- and labor-oriented, and provide more support for infrastructure and training.
Infectious diseases have no borders, and as African countries deepen their
trade
ties and intra-Africa migration grows, the threat of regional pandemics will only increase.
Neo-colonialism is returning to Africa, the global project of human rights is in retreat, and the world
trade
system is becoming far less open.
As the Economist put it recently, Germany “saves too much and spends too little,” making it “an awkward defender of free trade.”
The Free-Trade MiraclePRAGUE – Global free
trade
provides the greatest opportunity to improve human welfare over the next decade and a half.
Lowering
trade
barriers even more could double average incomes in the poorest parts of the world over the next 15 years.
Yes, there are costs to free
trade
that must be better addressed; but the costs are vastly outweighed by the benefits.
Yet, in rich countries today, the mood has turned against free
trade.
Nowhere is opposition to free
trade
louder than in the United States.
Both Hillary Clinton and Donald Trump oppose the biggest
trade
initiative launched by President Barack Obama’s administration – the Trans-Pacific Partnership (TPP) with 11 other Pacific Rim countries – and both would revisit the North American Free
Trade
Agreement (NAFTA), which has been in force since 1994.
The other major Obama-led
trade
initiative, the Transatlantic
Trade
and Investment Partnership (TTIP) between the US and the European Union, is all but dead, crippled by opposition on both continents and by the UK’s Brexit referendum result, widely interpreted as a vote for protectionism.
Members of the G20 – the world’s major advanced and emerging economies, representing more than four-fifths of global GDP and three-quarters of
trade
– were responsible for 81% of the punitive measures.
A
trade
deal creates adjustment costs concentrated in particular areas, like the US Midwest and South, where manufacturing can be costlier and less efficient than overseas.
The far greater benefits of free
trade
are much less obvious.
Middle-class Americans gain an estimated 29% of their purchasing power from foreign
trade.
In other words, the average middle-class American can buy 29% more for each dollar than if there was no
trade.
Opposition to free
trade
ignores our interconnected reality.
Some 80% of
trade
happens along supply chains within or organized by transnational firms, according to a 2013 UN report.
These arguments are all part of the overwhelming economic case for free
trade.
Cost-benefit analysis shows that freer
trade
is the single most powerful way to help the world’s poorest citizens.
Moreover,
trade
also carries much broader benefits for society.
In the US,
trade
over the past half-century has increased longevity significantly.
In Uganda, freer
trade
in the past 35 years has been shown to lengthen the average lifespan by 2-3 years.
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