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bilateralism |
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bilateralismIn economics, a trade agreement between two countries or groups of countries in which they give each other preferential treatment. Usually the terms agreed result in balanced trade and are favoured by countries with limited foreign exchange reserves. Bilateralism is incompatible with free trade. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Emphasizing expansion of banking ties between the two countries he called for use of national currencies in bilateral trade. Announcing their resolve to enhance bilateral trade relations and expedite access to each other's markets, Chile's Directorate of Export Promotion (ProChile) and the Dubai Export Development Corporation also signed a Krzysztof Debnicki has underscored the need of making collective efforts for enhancing bilateral trade between Poland and Pakistan. |
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