Entry from British & World English dictionary
Definition of carrying trade in English:
The business of transporting commercial goods from one place to another by land, sea, or air.
- In trade, Venetian and Genoese shipbuilding declined; and increased tonnage, especially Dutch and English vessels, made its way into Italian ports to take over the carrying trade.
- The general carrying trade withered as profound changes occurred in the distribution of goods and services in the countryside.
- Its foreign policy became expansive too, and the Navigation Act of 1651, which challenged Dutch domination of the carrying trade, was one factor that led it into war with the United Provinces in 1652.
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