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International trade | Definition, History, Benefits, Theory, Types . . . Much of the modern history of international relations concerns efforts to promote freer trade between nations This article provides a historical overview of the structure of international trade and of the leading institutions that were developed to promote such trade
International trade | Definition, History, Benefits, Theory, Types . . . There are many ways of controlling and promoting international trade today The methods range from agreements among governments—whether bilateral or multilateral—to more ambitious attempts at economic integration through supranational organizations, such as the European Union (EU)
China - Relations, Diplomacy, Trade | Britannica In order to preserve the government’s monopolistic control of foreign contacts and trade and, at least in part, to keep the Chinese people from being contaminated by foreign customs, the Ming rulers prohibited private dealings between Chinese and foreigners and forbade any private voyaging abroad
Free-trade zone | Export, Tariffs Customs | Britannica Money Free-trade zones are organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade Examples include Hong Kong, Singapore, Colón (Panama), Copenhagen, Stockholm, Gdańsk (Poland), Los Angeles, and New York City
International trade | Definition, History, Benefits, Theory, Types . . . Where there are major advantages in large-scale production, there are also large advantages in relatively free international trade By closing off markets, protection reduces the ability of firms to gain large-scale economies by exporting
Smoot-Hawley Tariff Act | History, Effects, Facts | Britannica Some two dozen countries enacted high tariffs within two years of the passage of the Smoot-Hawley Tariff Act, which led to a 65 percent decrease in international trade between 1929 and 1934
Sakoku | Japan, Edict, History, Facts, Isolation | Britannica The directives included banning the religion of Christianity and prohibiting Japanese people from making or returning from trips overseas There were also directives that restricted foreign trade with various countries The concept of sakoku largely stemmed from Japan’s mistrust of foreigners
Treaty port | History, Impact Legacy | Britannica Treaty port, any of the ports that Asian countries, especially China and Japan, opened to foreign trade and residence beginning in the mid-19th century because of pressure from powers such as Britain, France, Germany, the United States, and, in the case of China, Japan and Russia
Stock Market Crash, Unemployment, Poverty - Britannica Under the gold standard, imbalances in trade or asset flows gave rise to international gold flows For example, in the mid-1920s intense international demand for American assets such as stocks and bonds brought large inflows of gold to the United States