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Trade draft |
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Trade draftA draft addressed to a commercial enterprise. See: Draft.Trade draft Similar MatchesStrategic trade policy argument for a tariffStrategic trade policy argument for a tariffIn an example of strategic trade policy, the use of a tariff to extract monopoly profits from a foreign monopolist, or to shift profit from foreign to domestic competitors in an international oligopoly. The monopoly case seems to have originated with Katrak (1977), but the classic treatment of the larger issue is Brander and Spencer (1984). Trade negotiationTrade negotiationA negotiation between pairs of governments, or among groups of governments, exchanging commitments to alter their trade policies, usually involving reductions in tariffs and sometimes nontariff barriers. Horizontal intraindustry tradeHorizontal intraindustry tradeIntraindustry trade in which the exports and imports are at the same stage of processing. Likely due to product differentiation. Contrasts with vertical IIT. Balance of tradeBalance of tradeThe difference between a country's exports and imports over a given period of time.Exports and imports come in two kinds:Visible: products and goodsInvisible: intangible servicesThe UK's invisible earnings from financial services are an important part of its international trade and go some way to making up for deficits on the visible side. Vertical intraindustry tradeVertical intraindustry tradeIntraindustry trade in which the exports and imports are at the different stages of processing. Contrasts with horizontal IIT. Further SuggestionsIn and out traderRisk return trade off Foreign trade deficit Trade creation Free trade zone Crossed trade Latin American Free Trade Association Balance of trade Countertrade contra trade exchange traded fund Ministry of International Trade and Industry Chicago Board of Trade Registered trader Merchandise trade overnight trade risk trade trader's remorse Domestic trade Tradepoint Investment Exchange Trade on top of automatic trade SEAQ trade Trade credit Flat trades |
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