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World Trade Center

(Encyclopedia)World Trade Center, former building complex in lower Manhattan, New York City, consisting of seven buildings and a shopping concourse on a 16-acre (6.5-hectare) site; it was destroyed by a terrorist a...

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...

trade

(Encyclopedia)trade, traffic in goods. Conducted by gift, barter, or sale, trade is one of the most widespread of all social institutions. The theory of commerce as imposed by the national state has varied from...

free trade

(Encyclopedia)free trade, in modern usage, trade or commerce carried on without such restrictions as import duties, export bounties, domestic production subsidies, trade quotas, or import licenses. The basic argume...

center

(Encyclopedia)center, in politics, a party following a middle course. The term was first used in France in 1789, when the moderates of the National Assembly sat in the center of the hall. It can refer to a separate...

fair trade

(Encyclopedia)fair trade, a trading arrangement intended to provide more equitable international trade by creating better conditions for disadvantaged or marginalized producers of goods. Fair trade practices includ...

shopping center

(Encyclopedia)shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marke...

fair-trade laws

(Encyclopedia)fair-trade laws, in the United States, a former group of statutes that permitted manufacturers to specify the minimum retail price of a commodity. The first fair-trade law was adopted (1931) by Califo...

trade association

(Encyclopedia)trade association, group of business people in the same trade or industry organized for the advancement of common interests. The trade association differs from the chamber of commerce in that membersh...

fur trade

(Encyclopedia)fur trade, in American history. Trade in animal skins and pelts had gone on since antiquity, but reached its height in the wilderness of North America from the 17th to the early 19th cent. The demand ...