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If we want more trade in the world, we should establish bilateral trade agreements with other democratic countries. That way we can control the decision-making process. The major economic countries of the world will enter into those agreements.
Dana Rohrabacher

Meaning of "bilateral trade" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF BILATERAL TRADE

bilateral trade play
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GRAMMATICAL CATEGORY OF BILATERAL TRADE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Bilateral trade is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BILATERAL TRADE MEAN IN ENGLISH?

Bilateral trade

Bilateral trade or clearing trade is trade exclusively between two states, particularly, barter trade based on bilateral deals between governments, and without using hard currency for payment. Bilateral trade agreements often aim to keep trade deficits at minimum by keeping a clearing account where deficit would accumulate. The Soviet Union conducted bilateral trade with two nations, India and Finland. On the Soviet side, the trade was nationalized, but on the other side, also private capitalists negotiated deals. Relationships with politicians in charge of foreign policy were especially important for such businessmen. The framework limited the traded goods to those manufactured domestically and as such, constituted a subsidy to domestic industry. Bilateral trade was highly popular within Finnish business circles, as it allowed the commission of very large orders, additionally with less stringent requirements for sophistication or quality, if compared to Western markets. The Soviet side was motivated to participate in clearing trade because the arrangement essentially provided cheap credit.

Definition of bilateral trade in the English dictionary

The definition of bilateral trade in the dictionary is a system of trading between two countries in which each country attempts to balance its trade with that of the other.

WORDS THAT BEGIN LIKE BILATERAL TRADE

bilabial
bilabiate
bilander
bilateral
bilateral symmetry
bilateralism
bilaterally
bilayer
Bilbao
bilberries
bilberry
bilbies
bilbo
bilboes
bilby
Bildungsroman
bile
bile duct
bile stone
bilection

WORDS THAT END LIKE BILATERAL TRADE

balustrade
board of trade
cap-and-trade
carry trade
chamber of trade
commodity trade
estrade
export trade
external trade
fair trade
free trade
grade
import-export trade
ivory trade
restraint of trade
retail trade
rough trade
slave trade
terms of trade
tourist trade
trade

Synonyms and antonyms of bilateral trade in the English dictionary of synonyms

SYNONYMS

Translation of «bilateral trade» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BILATERAL TRADE

Find out the translation of bilateral trade to 25 languages with our English multilingual translator.
The translations of bilateral trade from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «bilateral trade» in English.

Translator English - Chinese

双边贸易
1,325 millions of speakers

Translator English - Spanish

el comercio bilateral
570 millions of speakers

English

bilateral trade
510 millions of speakers

Translator English - Hindi

द्विपक्षीय व्यापार
380 millions of speakers
ar

Translator English - Arabic

التجارة الثنائية
280 millions of speakers

Translator English - Russian

объем двусторонней торговли
278 millions of speakers

Translator English - Portuguese

comércio bilateral
270 millions of speakers

Translator English - Bengali

দ্বিপাক্ষিক বাণিজ্য
260 millions of speakers

Translator English - French

le commerce bilatéral
220 millions of speakers

Translator English - Malay

Perdagangan dua hala
190 millions of speakers

Translator English - German

bilateralen Handel
180 millions of speakers

Translator English - Japanese

二国間貿易
130 millions of speakers

Translator English - Korean

양국 간 무역
85 millions of speakers

Translator English - Javanese

Perdagangan bilateral
85 millions of speakers
vi

Translator English - Vietnamese

thương mại song phương
80 millions of speakers

Translator English - Tamil

இருதரப்பு வர்த்தகம்
75 millions of speakers

Translator English - Marathi

द्विपक्षीय व्यापार
75 millions of speakers

Translator English - Turkish

Ikili ticaret
70 millions of speakers

Translator English - Italian

commercio bilaterale
65 millions of speakers

Translator English - Polish

dwustronny handel
50 millions of speakers

Translator English - Ukrainian

обсяг двосторонньої торгівлі
40 millions of speakers

Translator English - Romanian

comerțului bilateral
30 millions of speakers
el

Translator English - Greek

το διμερές εμπόριο
15 millions of speakers
af

Translator English - Afrikaans

bilaterale handel
14 millions of speakers
sv

Translator English - Swedish

bilaterala handeln
10 millions of speakers
no

Translator English - Norwegian

bilateral handel
5 millions of speakers

Trends of use of bilateral trade

TRENDS

TENDENCIES OF USE OF THE TERM «BILATERAL TRADE»

The term «bilateral trade» is regularly used and occupies the 93.973 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
56
/100
The map shown above gives the frequency of use of the term «bilateral trade» in the different countries.
Principal search tendencies and common uses of bilateral trade
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «bilateral trade».

FREQUENCY OF USE OF THE TERM «BILATERAL TRADE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «bilateral trade» during the past 500 years. Its implementation is based on analysing how often the term «bilateral trade» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about bilateral trade

EXAMPLES

QUOTES WITH «BILATERAL TRADE»

Famous quotes and sentences with the word bilateral trade.
1
Dana Rohrabacher
If we want more trade in the world, we should establish bilateral trade agreements with other democratic countries. That way we can control the decision-making process. The major economic countries of the world will enter into those agreements.

10 ENGLISH BOOKS RELATING TO «BILATERAL TRADE»

Discover the use of bilateral trade in the following bibliographical selection. Books relating to bilateral trade and brief extracts from same to provide context of its use in English literature.
1
Bilateral Trade Agreements in the Asia-Pacific: Origins, ...
Bilateral Trade Agreements in the Asia-Pacific examines the underlying political and economic factors driving these accords, based on a novel theoretical framework. Experts.
Vinod Aggarwal, Shujiro Urata, 2013
2
EU Bilateral Trade Agreements and Intellectual Property: For ...
The economic and social implications of standards of IP protection in bilateral trade agreements that go beyond the obligations contained in the Agreement of the World Trade Organization (WTO) on Trade-Related Aspects of Intellectual ...
Josef Drexl, Henning Grosse Ruse
3
Reciprocal Trade Agreements: Impacts on Bilateral Trade ...
Data The panel dataset developed for this study includes bilateral trade flows for agriculture among 69 countries at 5-year intervals beginning in 1975 and ending in 2005.15 Most, but not all, countries export (import) to every other country.
Thomas L. Vollrath (au), Charles B. Hallahan (au)
4
Stylized Facts on Bilateral Trade and Currency Unions: ...
The Africa-ROW sample includes exactly one country from Africa in each ij pair. 22 The data sources for the first part of the paper include annual bilateral trade observations from the IMF' s Direction of Trade Statistics (expressed in real U.S. ...
Charalambos G. Tsangarides, Michal Hulej, Pierre Ewenczyk, 2006
5
Estimating Trade Equations from Aggregate Bilateral Data (EPub)
The estimating equation implied the need to collect data on bilateral trade, relative prices, and real output. Annual data on nominal bilateral exports and imports in dollars from 1960–92 among 21 industrial countries were collected from the ...
Mr. Tamim Bayoumi, 1999
6
Handbook on International Trade Policy
The gravity model is a popular empirical approach to trade that has been used widely for analyzing the impact of different trade policy issues on bilateral trade flows between different geographical entities. This model takes an ex-post ...
William Alexander Kerr, James D. Gaisford, 2007
7
Southeast Asia in the Global Economy: Securing ...
Before examining those three country cases, I will briefly lay out the logic of bilateral trade agreements and some issues that have to be taken into consideration. In the next section, I will discuss the advantages and disadvantages of bilateral ...
Helen E S Nesadurai, J Soedradjad Djiwandono, 2009
8
Estimating Trade Equations from Aggregate Bilateral Data
This implies a real export function of the form: XXM : f(YM>Yx,Ex/EM=EMo/EM) (2 ) Finally, account needs to be taken of pricing-to-market behavior. The data on bilateral trade is nominal and the relevant bilateral export prices are not available .
Tamim A. Bayoumi, 1999
9
Regional Trading Blocs in the World Economic System
Our plan is to examine data on bilateral trade between pairs of countries in order to sort out the influence of geographical proximity versus preferential trading policies in creating regional concentration in trade. The natural framework with ...
Jeffrey A. Frankel, Ernesto Stein, Shang-Jin Wei, 1997
10
Multilateral and bilateral trade negotiations
Is it reasonable to assume that gains from trade accruing as a result of bilateral arrangements are as good as, or as great as, those accrue from multilateral trade agreement?
Susann Engelmann, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «BILATERAL TRADE»

Find out what the national and international press are talking about and how the term bilateral trade is used in the context of the following news items.
1
PM Modi's Central Asia tour aims to promote bilateral trade, secure …
Boosting trade, energy, connectivity and counter-terrorism efforts, besides steps to promote people-to-people links, will be high on the agenda. «Financial Express, Jul 15»
2
Singapore, Myanmar reaffirm bilateral ties at Joint Ministerial …
In 2014, bilateral trade between Singapore and Myanmar rose by 6.6 per cent year-on-year to S$3.23 billion. Singapore was Myanmar's top ... «Channel News Asia, Jul 15»
3
Free trade between Philippines, Canada pushed
Official Canadian data showed that bilateral trade grew by an annual 2.5 percent to C$1.8 billion in 2014. Canadian merchandise imports from ... «Sun.Star, Jul 15»
4
Oman cuts its import bill from India by 15%
Ironically, the Indo-Oman bilateral trade has a taken the drastic hit in fiscal 2014-15, a year after registering a robust growth of 25 per cent in ... «Zawya, Jul 15»
5
Dastgir departs for South Korea to boost bilateral trade
Federal Minister for Commerce Engr Khurram Dastgir has departed for South Korea on Sunday on a two-day visit to hold talks to boost bilateral ... «Pakistan Today, Jul 15»
6
Vietnam expects $2 billion bilateral trade in 2015 with Israel
Bilateral trade exceeded US$1 billion in 2014 and shot up over 80% in the first quarter of 2015, compared to the same period last year, Hue ... «Port2Port, Jul 15»
7
Gov't cautioned on trade agreements signing
... African (COMESA), East African Community (EAC), South African Development Community Tripartite and other bilateral trade agreements. «New Vision, Jul 15»
8
High-Level Bilateral Support Bolstering Vietnam-Western Australia …
Bilateral trade between Australia and Vietnam has increased by 227 per cent in the past two full years reaching US$921 million in 2014. «The Establishment Post, Jul 15»
9
Cuba and Ivory Coast to Strengthen Bilateral Trade
Havana, Cuba, Jul 2.- Cuba and the Ivory Coast will identify opportunities to expand their commercial exchanges, when Charles Koffi Diby, minister of State and ... «Radio Cadena Agramonte, Jul 15»
10
Malaysia May Consider More Rice Imports from Thailand Under …
Malaysia will increase rice imports from Thailand as part of the increased bilateral trade between the two countries, according to local sources. «Oryza, Jun 15»

REFERENCE
« EDUCALINGO. Bilateral trade [online]. Available <https://educalingo.com/en/dic-en/bilateral-trade>. May 2024 ».
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