trade relations

Business between nations

Trade relations are the commercial ties and agreements between countries or economic entities.

The term encompasses tariffs, treaties, import-export flows, and diplomatic negotiations around commerce: Trade relations between the two nations have deteriorated since the embargo.

Good trade relations typically mean favorable terms and few barriers; strained trade relations often involve sanctions, disputes, or protectionist policies.

Opposites
economic engagement

trade relationstrade embargo

Ban on commercial exchange

economic sanctions · trade war · economic isolation · trade barriers · protectionism

scope of commerce

trade relationslocal markets

Nearby retail establishments

national economy · domestic production · home market · self-sufficiency

type of interstate relations

trade relationsmilitary conflict

Armed hostilities between groups

war · belligerence · cold war

Family

trade, relations

Familiarity
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Profile
Used worldwide · Timeless · Abstract · Rated G