trade diversion
trade diversion · trade diversions
The changing of import sources as a result of political agreements, rather than to…The changing of import sources as a result of political agreements, rather than to increase mutual benefit.
Meaning
1 senses(countable, negative, uncountable, usually)The changing of import sources as a result of political agreements, rather than to increase mutual benefit.
Origin
* Credited to Jacob Viner in his 1950 book The Customs Union Issue.* Credited to Jacob Viner in his 1950 book The Customs Union Issue.
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Forms
plural: trade diversions| Singular | trade diversion |
|---|---|
| Plural | trade diversions |
regular
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable