1. Global strategies
  2. Developing external trades

Developing external trades

  • Formalizing external trade relations
  • Contracting dependable export markets
  • Making feasible export arrangements
  • Undertaking development of export potential
  • Developing export potential
  • Amplifying external trading relations
  • Strengthening external trade

Description

Developing external trades involves establishing and expanding commercial exchanges between countries or regions to stimulate economic growth, diversify markets, and secure access to essential goods and resources. This strategy addresses issues such as market saturation, resource scarcity, and economic vulnerability by fostering international partnerships, reducing trade barriers, and enhancing export capacities. Its practical intent is to strengthen economic resilience, create employment opportunities, and promote sustainable development through increased cross-border trade activities.This information has been generated by artificial intelligence.

Context

The argument that environmental protection has been neglected should not be interpreted as an attack on the outward-looking development model. Continued inward-looking, trade-restricting development policies can have equally serious environmental problems along with significantly lower living standards.

Broader

Developing trade
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Narrower

Constrained by

Facilitates

Facilitated by

Countertrading
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Problem

Value

Unfeasible
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Undeveloped
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Underdevelopment
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Overdevelopment
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Development
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SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
Content quality
Yet to rate
 Yet to rate
Language
English
1A4N
Q8228
DOCID
12782280
D7NID
193643
Editing link
Official link
Last update
Dec 6, 2022