Definition of triangular trade in English:
A multilateral system of trading in which a country pays for its imports from one country by its exports to another.
- This kind of triangular trade relationship has turned China into a magnet for international capital and technology.
- He also pointed out that the triangular trade relations between Taiwan, Japan and China have brought about rapid trade growth between Japan and China.
- By the mid-1580s, if not earlier, a triangular trade linked the West Country, the Newfoundland fishery, and the markets in Iberia and the Mediterranean.
Definition of triangular trade in:
- US English dictionary
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