Concept information
Preferred term
international trade
Definition
- International trade law represents the need to balance two competing interests: (1) the protection of local industries from harm by foreign competitors, and (2) the encouragement of trade across national borders. Since the 1990s, there has been a shift toward freer international trade. [Source: Encyclopedia of Law & Society: American and Global Perspectives; International Trade]
Broader concept
Narrower concepts
- absolute advantage
- ad valorem duties
- Agreement on Trade-Related Aspects of Intellectual Property Rights
- arbitrage
- ATA Carnet
- balance of payment
- banana wars
- barriers to entry
- barter
- bill of lading
- business-to-business
- CoCom
- cost, insurance, and freight
- countervailing duties
- country of origin
- country of origin requirements
- customs broker
- Doha Round
- dumping
- duty
- economic union
- effective rate of protection
- electronic commerce
- electronic data interchange
- embargoes
- export/import strategies
- export processing zones
- exports
- export subsidy
- fair trade
- flag of convenience
- foreign direct investment
- foreign exports
- foreign sales corporation
- free trade
- free trade zone
- freight forwarder
- Generalized System of Preferences
- globalization index
- gray market
- harmonized system
- imports
- Incoterms
- internet domain names
- invisible trade balance
- letter of credit
- maquiladoras
- mercantilism
- most favored nation
- Multi-Fiber Agreement
- neomercantilism
- non-tariff barrier
- nontariff barrier
- quotas
- smuggling
- Special Drawing Rights
- standard international trade classification
- subsidies
- tariff
- terms of trade
- trade barriers
- trade creation
- trade diversion
- trade liberalization
- trade pact
- trade policies
- trade sanctions
- trade war
- trading bloc
- Uruguay Round
- voluntary export restraints
- World Customs Organization
Entry terms
- foreign trade
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/international_trade
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