| 单词 | trade |
| 释义 | trade 1) A type of skill, such as that of a carpenter or a plumber; a fitter is referred to as a skilled tradesman. A trade union was originally a combination of workers with similar skills. 2) The process of distribution, for example the motor trade. Restrictive trade practices are arrangements inhibiting competition in trade. The trade cycle refers to major variations in the overall level of economic activity, which covers trade in both the productive and distributive senses. Buying and selling, or being in trade, was at one time regarded as socially inferior; the ghost of this archaic view still haunts the tradesmen's entrance. 3) Foreign trade, that is buying and selling abroad. A country's balance of trade is the excess of the value of its exports of goods over its imports. trade barriers are obstructions to international trade, such as tariffs and quotas. Trade preferences are differences in the rules applied to trade with different foreign countries. free trade means the absence of barriers to international trade. A free-trade area area is a group of countries with no barriers to trade between them, at least for most goods, though there may be exceptions, for example defence equipment or farm products. fair trade refers to attempts to devise ideal rules for the conduct of international trade by economists who do not acknowledge free trade as the ideal. trade talks are negotiations between governments on changes to the rules governing international trade. The General Agreement on Tariffs and Trade (GATT) was the organization set up to codify and co-ordinate the rules on international trade, and to try to reach international agreement on the reduction of trade barriers. See also: balance of trade, bilateral trade, fair trade, free trade, gains from trade, trade deficit, inter-industry trade, intra-industry trade, invisibles, managed trade, multilateral trade, restraint of trade, terms of trade, and visible trade |
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