Triangular trade

Triangular trade,

Definition of Triangular trade:

  1. Trade taking place within three regions or countries. Triangular trade is often more beneficial to countries that previously only took part in trade with one other country.

  2. A multilateral system of trading in which a country pays for its imports from one country by its exports to another.

How to use Triangular trade in a sentence?

  1. This kind of triangular trade relationship has turned China into a magnet for international capital and technology.

Meaning of Triangular trade & Triangular trade Definition