Trade
in sentence
11085 examples of Trade in a sentence
Merkel’s statements were driven partly by disagreement between Trump and Europe on climate change, trade, NATO (particularly Article 5, its collective defense clause, which Trump refused to endorse), and relations with Russia.
Secretary of Commerce Wilbur Ross supports open trade, but not without reservation.
American participation, if not leadership, is indispensable to international cooperation in areas like global trade, climate action, and responses to all manner of crises, whether natural, humanitarian, or nuclear.
The Economist, for example, points out that some 45% of British exports go to other EU countries, and that the atmosphere for negotiating a post-Brexit
trade
deal would likely be frosty.
It has the world’s largest market, represents 17% of world trade, and dispenses half of the world’s foreign assistance.
Direct investment in both directions is higher than with Asia, and US-European
trade
is more balanced than US
trade
with Asia.
The National Chicken Council, the
trade
association for the US chicken industry, recommends a stocking density of 85 square inches per bird – less than a standard sheet of typing paper.
Moreover, their exports grew more slowly than total exports, their imports grew more quickly than total imports, and the multinational sector as a whole moved from a net
trade
surplus in 1999 to a net
trade
deficit in 2009.
Free
Trade
ForeverNEWTON, MASSACHUSETTS – On December 7, representatives from the World
Trade
Organization’s 159 member countries reached agreement on the first multilateral
trade
deal in the WTO’s 19-year history.
Although the
Trade
Facilitation Agreement – dubbed the “Bali package,” after the Indonesian island where the meeting took place – did not address the most pressing North-South
trade
issues, it remains an important economic and political milestone.
The Bali package commits WTO members to moving toward lowering non-tariff
trade
barriers – for example, by establishing more transparent customs regulations and reducing trade-related paperwork.
But these objectives – including improvement of market access in agriculture, manufacturing, and services; clarification of international
trade
rules; and progress on addressing relevant environmental issues – were overly ambitious.
Nonetheless, it is clear that
trade
liberalization is gaining momentum.
Consider the impressive scale and scope of other multilateral
trade
agreements – such as the Trans-Pacific Partnership, the Transatlantic
Trade
and Investment Partnership, and the Trade-in-Services Agreement – that are currently being negotiated.
Current progress toward
trade
liberalization underscores how
trade
policy – especially that of the United States – has improved over the last hundred years.
Unlike in Europe, partisan politics shaped US
trade
policy before World War II, with the Republicans raising tariffs and the Democrats reducing them.
Though the Smoot-Hawley tariff increases were modest compared to those under Fordney-McCumber, their timing turned the act into a virtual synonym for bad
trade
policy.
Thus, though Smoot-Hawley was not a direct cause of the Great Depression, as many have claimed, it did contribute to a breakdown of international
trade
precisely when the world could least afford it.
The two-thirds decline in aggregate imports from 1929 to 1933 was only partly a result of falling incomes, and hence import demand; retaliatory
trade
and exchange-rate policies also played a major role in bringing about the global
trade
collapse.
Even when world
trade
finally began to revive after the depression ended, it remained fragmented, developing primarily within trading blocs and regions.
It was only after World War II – when the General Agreement on Tariffs and
Trade
(succeeded in 1995 by the WTO) began the process of multilateral
trade
liberalization – that Smoot-Hawley’s destructive legacy was finally overcome.
And many countries have introduced minor – and not so minor – impediments to
trade
since WWII.
In fact, the post-war era has been the longest sustained period of
trade
liberalization in history – a particularly impressive feat, given that the world has just suffered the worst economic downturn since the Great Depression.
But the fact that countries have continued to pursue
trade
liberalization, however gradually, at a time of weak economic growth, suggests that free
trade
is here to stay.
These efforts should be accelerated, and the international community should support African countries’ own efforts to reduce illicit financial outflows, especially through improper
trade
invoicing, and to strengthen tax and customs administration.
This amounts to an alarming quest for control over a strategically crucial corridor through which $5.3 trillion in
trade
flows each year.
In fact, for many of the region’s countries, the terms of
trade
are higher and the relevant global interest rates lower than they have ever been.
Add low taxes and a double-taxation convention with Russia, and it is no surprise that Cyprus’s business model –serving as an international center for services and
trade
– has been successful.
He visited Mexico before any other country, renewed Temporary Protection Status for Central American immigrants, maintained President Bill Clinton's waiver of certain
trade
restrictions on countries and companies doing business with Cuba, and gave new impetus to the negotiations to create a Free
Trade
Area of the Americas.
Aggregate growth trends have decoupled, though cycles within these trends are correlated, owing to financial globalization and
trade
interdependencies.
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