The current wave of liberalization, privatization, and openness that is sweeping across the world has provided a new boost to international economic relations and trade. This development gives new dimensions to the theoretical and practical aspects of the terminology of international trade. New concepts and ideas have arisen, enriching the already developed field of international trade and its associated disciplines, such as international finance, international business, and international marketing. The growing importance of many international financial institutions - the World Bank, the International Monetary Fund, and the World Trade Organization - have also brought into circulation newly coined terms, paradigms, and phrases. In simple and lucid language, this dictionary contains the meanings of relevant and popular trade-related concepts, maxims, phrases, and terms. It will be of great help to students, teachers, and researchers in international trade. Additionally, it will be of benefit to exporters/importers, trade associations, administrators, and general readers.
