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Preferred term

trade diplomacy  

Definition

  • As a field of study, international political economy seeks to understand the politics of international trade, finance, and monetary relations. Trade diplomacy, as one aspect of trade politics, relates to the process of trade negotiation between states and the influence of domestic and international actors on that process. [Source: The Encyclopedia of Political Science; Trade Diplomacy]

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https://concepts.sagepub.com/social-science/concept/trade_diplomacy

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