Welthandel

German

Etymology

Welt (world) +‎ Handel (trade/commerce)

Pronunciation

  • IPA(key): [ˈvɛltˌhandl̩]
  • Hyphenation: Welt‧han‧del

Noun

Welthandel m (strong, genitive Welthandels, plural Welthandel)

  1. (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

Synonyms

  • Globalhandel (global trade)
  • Außenhandel (foreign trade; though often refers to a single country)

Antonyms

Coordinate terms

References