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Trade creation

Trade creation is an economic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union. The issue was firstly brought into discussion by Jacob Viner (1950), together with the trade diversion effect.

Trade, Occurrence of trade creation & Downside of trade creation

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Overview

Occurrence of trade creation

Downside of trade creation

Advanced semantic analysis

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Map overview Semantic statistics

Trade creation

Nodes23
Edges22
Triples15
Avg. degree1.91
Density0.086957
Components1

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Trade creation

Top relations

related to External links · 10
Trade creation → Are Formal Trade Agreements, Cooperation, Harvard Institute, International Development, It, Many, Regional Integration, Right Strategy, Sub-Saharan Africa, Such
is a · 1
Trade creation → economic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union

Important terminology Word statistics

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Important terminology

trade economic union creation customs diversion case formation member goods integration nations increase due efficiency flow place effects tariffs nation

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Trade creationis aeconomic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union0.90text
tariffsinstance ofthe member nations establish greater trading ties between themselves now that protectionist barriers0.80text
import quotasinstance ofthe member nations establish greater trading ties between themselves now that protectionist barriers0.80text
non-tariff barriersinstance ofthe member nations establish greater trading ties between themselves now that protectionist barriers0.80text
subsidies have been eliminatedinstance ofthe member nations establish greater trading ties between themselves now that protectionist barriers0.80text
Trade creationrelated to External linksRegional Integration0.60section
Trade creationrelated to External linksCooperation0.60section
Trade creationrelated to External linksSub-Saharan Africa0.60section
Trade creationrelated to External linksAre Formal Trade Agreements0.60section
Trade creationrelated to External linksRight Strategy0.60section
Trade creationrelated to External linksHarvard Institute0.60section
Trade creationrelated to External linksInternational Development0.60section

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    Min side: 3
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