The current wave of liberalization, privatization and openness sweeping across the world has given new boost to international economic relations and trade. This development has given new dimensions to the theoretical and practical aspects of the terminology of international trade. New concepts and ideas have come up enriching the already developed field of international trade and its associated disciplines/branches like international finance, international business and international marketing. Growing importance of many international financial institutions like the world Bank, IMF and world Trade Organisations have also brought into circulation newly coined terms, paradigms and phrases. The present is an attempt to all important trade-related concepts, maxims, phrases and terms at one place and provide their meaning in a simple and lucids language. Readers will find all relevant and popular terms well described. It is hoped that this dictionary will be of great help to teachers, researchers, and students in the area of international trade as also to exporters/importers, trade associations, administrators and general readers. Meticulously cross- referenced, the dictionary is a comprehensive and invaluable sources of essential information. Though adequate care has been taken to include in the dictionary as many terms and concepts as possible, a few omissions are likely in this kind of endeavour. The publishers will feel obliged to be informed of such omissions that could find place in the next editions.
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