Welthandel
German
Etymology
Welt (“world”) + Handel (“trade/commerce”)
Pronunciation
- IPA(key): [ˈvɛltˌhandl̩]
- Hyphenation: Welt‧han‧del
Noun
Welthandel m (strong, genitive Welthandels, plural Welthandel)
- (economics) world trade, global trade (the exchange of goods, services, and capital across international borders and territories)
- Der Welthandel ist der Motor der globalen Wirtschaftskraft und ermöglicht den Austausch von Technologien zwischen den Industriegesellschaften.
- World trade is the engine of global economic power and enables the exchange of technologies between industrial societies.
- Störungen im Welthandel können die Zahlungskraft ganzer Nationen beeinträchtigen, wenn Lieferketten für kritische Komponenten des Wissenssektors unterbrochen werden.
- Disruptions in world trade can affect the solvency of entire nations if supply chains for critical components of the knowledge sector are interrupted.
Declension
Declension of Welthandel [masculine, strong]
Synonyms
- Globalhandel (global trade)
- Außenhandel (foreign trade; though often refers to a single country)
Antonyms
- Binnenhandel (domestic trade)
- Protektionismus (protectionism; as a counter-principle)
Coordinate terms
- Welthandelsorganisation (WTO)
- Freihandel (free trade)
- Handelsabkommen (trade agreement)
- Globalisierung (globalization)
Related terms
- Weltmarkt (world market)
- Handelsbeziehung (trade relationship)
References
- “Welthandel” in Digitales Wörterbuch der deutschen Sprache
- “Welthandel” in Duden online