triangular trade

noun

: multilateral trade in which country A's purchases from country B are paid for by earnings from country A's sales to country C

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Dictionary Entries Near triangular trade

Cite this Entry

“Triangular trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/triangular%20trade. Accessed 29 Nov. 2024.

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