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trade union

(Encyclopedia)trade union: see union, labor.

trade winds

(Encyclopedia)trade winds, movement of air toward the equator, from the NE in the Northern Hemisphere and from the SE in the Southern Hemisphere. The trade winds originate on the equatorial sides of the horse latit...

Federal Aviation Administration

(Encyclopedia)Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates...

balance of trade

(Encyclopedia)balance of trade, relation between the merchandise exports and imports of a country. The concept first became important in the 16th and 17th cent. with the growth of mercantilism. Mercantilist theoris...

World Trade Organization

(Encyclopedia)World Trade Organization (WTO), international organization established in 1995 as a result of the final round of the General Agreement on Tariffs and Trade (GATT) negotiations, called the Uruguay Roun...

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