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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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Taiwan wants to enter into formal negotiations on a bilateral trade agreement with China soon, the island's economic minister said here on Thursday. A recent favorable lower court decision was appealed to Guatemala's supreme court by the CNEE, while Spain's Iberdrola - Teco's partner in the distributor - has filed for international arbitration under a bilateral trade agreement. Japan resumed buying American beef in 2006 after the bilateral trade agreement setting new safety standards. |
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