Confirmed letter of credit and Frictionless trade: Difference between pages
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''International trade''. | 1. | ||
Strictly, frictionless trade is the theoretically complete absence of all costs, delay or restrictions on market activity. | |||
2. ''International trade - European Union - Brexit.'' | |||
More loosely, frictionless international trade is generally understood to mean the absence of border checks. | |||
== See also == | == See also == | ||
* [[ | * [[Brexit]] | ||
* [[European Union]] | |||
* [[Friction]] | |||
* [[Hysteresis]] | |||
* [[International trade]] | |||
* [[Make UK]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] |
Revision as of 11:26, 21 June 2020
1.
Strictly, frictionless trade is the theoretically complete absence of all costs, delay or restrictions on market activity.
2. International trade - European Union - Brexit.
More loosely, frictionless international trade is generally understood to mean the absence of border checks.