Trade
in sentence
11085 examples of Trade in a sentence
Over the course of less than three decades,
trade
barriers came down, and the combination of accessible airplane travel, satellite television, and the Internet has created a kind of interconnected “global village.”
With total economic growth outpacing world
trade
growth of less than 2.5%, globalization has been rolled back decades.
After all, the opponents of free
trade
ask, if Asia's tigers can be brought to their knees by international financial markets, is any developing country safe?
Assisted by international organizations such as the International Monetary Fund and the new World
Trade
Organization, an unprecedented number of governments in postcommunist and developing countries alike chose to integrate their peoples into the world system by opening their economies to international
trade.
And yet, even very poor countries are beginning to believe that open
trade
may be their ticket to prosperity.
But as
trade
liberalization spreads to every corner of the globe vital questions arise.
Will
trade
boost economic growth?
If so, what can
trade
liberalization do for the cause of income equality across the world?
These findings confirm a basic truth of economics, one dating back two centuries to Adam Smith: open
trade
promotes growth.
The benefits of open trade, however, affect more than growth.
Open
trade
policies seem to have a positive effect on other macroeconomic variables crucial to the overall health of economies, acting as a sort of economic immune system booster.
(Although, as Thailand demonstrated, open
trade
policies are not foolproof in the face of other shortsighted government policies.)
While the effects of
trade
liberalization on growth are well established on both theoretical and empirical grounds, the question of what open
trade
can do for the cause of global income equality is less well understood.
The key, it seems, is to adopt and stick with open
trade
policies.
Other factors, in addition to
trade
policy, also matter, of course.
But this makes implementing open
trade
policies all the more crucial, because they are the best tools available to compensate for the bad cards which nature sometimes deals out.
The increasing integration of the Eastern periphery into a pan-European production process is part of a structural change that should boost
trade
by more than enough to compensate the dampening effects of falling growth in Western Europe.
Its people were first treated by the slave
trade
as mere commodities, necessary for economic growth elsewhere.
Colonialism and the slave
trade
constituted a historical rupture for Africa.
The victory of Gutierrez, who participated in the failed coup against President Jamil Mahuad in 2000, is a serious blow to speedy approval of the Free
Trade
Area of the Americas (FTAA)--the Bush administration's effort to create a hemispheric
trade
bloc rivaling the European Union.
CONAIE opposes the FTAA and is advancing a proposal entitled Alternatives for the Americas , which offers a more balanced approach to
trade
liberalization.
So far, the Bush administration is playing tough and trying to force South American countries to submit by discussing
trade
agreements with Chile and Central America.
Maybe it is time, though, to look at why South America's peoples are voting for candidates who question free
trade
and America's military policy in the region.
For decades America seemed to dominate manufacturing, so US officials focused on liberalizing
trade
in manufactured goods.
Now, China is out-competing everyone, racking up huge
trade
surpluses with the US.
Countries were warned: avoid
trade
deficits and build up reserves, because they are the key frontline defense.
First, international
trade
is based on the principle of comparative advantage; countries export goods in which they have a relative advantage and import goods in which they have a relative disadvantage.
Secondly, if a country invests more than it saves, it will need to borrow, and the counterpart to that borrowing is a
trade
deficit.
America's burgeoning
trade
deficit is a result of the Bush Administration's unprecedented mismanagement.
In fact, China's overall
trade
surplus today is actually small, around 1% of its GDP.
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