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Trading nation, the Glossary

Index Trading nation

A trading nation (also known as a trade-dependent economy, or an export-oriented economy) is a country where international trade makes up a large percentage of its economy.[1]

Table of Contents

  1. 54 relations: Andrew Coyne, Arable land, Cairns Group, Canada, Chile, China, City-state, Colombia, Commodity, Developed country, Dubai, Economic integration, Education, Entrepôt, European Union, Export-oriented industrialization, Finance, Food and Agriculture Organization, Fossil fuel exporters, Free trade, G7, Germany, Gross domestic product, Health care, Hong Kong, India, International trade, Israel, Japan, Jordan, Least developed countries, List of countries and dependencies by population density, List of countries by exports, List of countries by exports per capita, List of countries by GDP (nominal), List of countries by imports, Lobbying, Luxembourg, Market access, Mexico, Morocco, Natural resource, OECD, Offshore financial centre, OPEC, Peru, Population density, Protectionism, Re-exportation, Singapore, ... Expand index (4 more) »

Andrew Coyne

James Andrew Coyne (born December 23, 1960) is a Canadian columnist with The Globe and Mail and a member of the At Issue panel on CBC's The National.

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Arable land

Arable land (from the arabilis, "able to be ploughed") is any land capable of being ploughed and used to grow crops.

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Cairns Group

The Cairns Group (Cairns Group of Fair Trading Nations) is an interest group of 19 agricultural exporting countries, composed of Argentina, Australia, Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Indonesia, Malaysia, New Zealand, Pakistan, Paraguay, Peru, the Philippines, South Africa, Thailand, Ukraine, Uruguay, and Vietnam.

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Canada

Canada is a country in North America.

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Chile

Chile, officially the Republic of Chile, is a country in western South America.

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China

China, officially the People's Republic of China (PRC), is a country in East Asia.

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City-state

A city-state is an independent sovereign city which serves as the center of political, economic, and cultural life over its contiguous territory.

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Colombia

Colombia, officially the Republic of Colombia, is a country primarily located in South America with insular regions in North America.

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Commodity

In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

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Developed country

A developed country, or advanced country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.

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Dubai

Dubai (translit) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the country's seven emirates.

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Economic integration

Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and non-tariff restrictions on trade.

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Education

Education is the transmission of knowledge, skills, and character traits and manifests in various forms.

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Entrepôt

An entrepôt or transshipment port is a port, city, or trading post where merchandise may be imported, stored, or traded, usually to be exported again.

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European Union

The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe.

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Export-oriented industrialization

Export-oriented industrialization (EOI), sometimes called export substitution industrialization (ESI), export-led industrialization (ELI), or export-led growth, is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage.

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Finance

Finance refers to monetary resources and to the study and discipline of money, currency and capital assets.

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Food and Agriculture Organization

The Food and Agriculture Organization of the United NationsOrganisation des Nations unies pour l'alimentation et l'agriculture; Organizzazione delle Nazioni Unite per l'alimentazione e l'agricoltura.

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Fossil fuel exporters

Petroleum, natural gas, and coal are exported from various source countries to countries reliant on these fossil fuels.

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Free trade

Free trade is a trade policy that does not restrict imports or exports.

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G7

The Group of Seven (G7) is an intergovernmental political and economic forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member".

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Germany

Germany, officially the Federal Republic of Germany (FRG), is a country in Central Europe.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries.

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Health care

Health care, or healthcare, is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people.

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Hong Kong

Hong Kong is a special administrative region of the People's Republic of China.

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India

India, officially the Republic of India (ISO), is a country in South Asia.

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International trade

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services.

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Israel

Israel, officially the State of Israel, is a country in the Southern Levant, West Asia.

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Japan

Japan is an island country in East Asia, located in the Pacific Ocean off the northeast coast of the Asian mainland.

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Jordan

Jordan, officially the Hashemite Kingdom of Jordan, is a country in the Southern Levant region of West Asia.

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Least developed countries

The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development.

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List of countries and dependencies by population density

This is a list of countries and dependencies ranked by population density, sorted by inhabitants per square kilometre or square mile.

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List of countries by exports

The following article lists different countries and territories by their exports according to data from the World Bank.

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List of countries by exports per capita

This is a list of countries by exports per capita.

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List of countries by GDP (nominal)

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year.

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List of countries by imports

This is a list of countries by imports, based on the International Trade Centre, except for the European Union.

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Lobbying

Lobbying is a form of advocacy, which lawfully attempts to directly influence legislators or government officials, such as regulatory agencies or judiciary.

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Luxembourg

Luxembourg (Lëtzebuerg; Luxemburg; Luxembourg), officially the Grand Duchy of Luxembourg, is a small landlocked country in Western Europe.

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Market access

In international trade, market access refers to a company's ability to enter a foreign market by selling its goods and services in another country.

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Mexico

Mexico, officially the United Mexican States, is a country in the southern portion of North America.

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Morocco

Morocco, officially the Kingdom of Morocco, is a country in the Maghreb region of North Africa.

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Natural resource

Natural resources are resources that are drawn from nature and used with few modifications.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.

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Offshore financial centre

An offshore financial centre (OFC) is defined as a "country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." "Offshore" is not always literal since many Financial Stability Forum–IMF OFCs, such as Delaware, South Dakota, Singapore, Luxembourg and Hong Kong, are landlocked or located "onshore", but refers to the fact that the largest users of the OFC are non-residents, i.e.

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OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.

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Peru

Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pacific Ocean. Peru is a megadiverse country with habitats ranging from the arid plains of the Pacific coastal region in the west to the peaks of the Andes mountains extending from the north to the southeast of the country to the tropical Amazon basin rainforest in the east with the Amazon River.

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Population density

Population density (in agriculture: standing stock or plant density) is a measurement of population per unit land area.

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Protectionism

Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.

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Re-exportation

Re-exportation, also called entrepot trade, is a form of international trade in which a country exports goods which it previously imported without altering them.

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Singapore

Singapore, officially the Republic of Singapore, is an island country and city-state in maritime Southeast Asia.

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South Korea

South Korea, officially the Republic of Korea (ROK), is a country in East Asia.

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Tourism

Tourism is travel for pleasure, and the commercial activity of providing and supporting such travel.

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UN Trade and Development

UN Trade and Development (UNCTAD) is an intergovernmental organization within the United Nations Secretariat that promotes the interests of developing countries in world trade.

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United States

The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America.

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References

[1] https://en.wikipedia.org/wiki/Trading_nation

Also known as Export-oriented economy.

, South Korea, Tourism, UN Trade and Development, United States.