commodity diplomacy

English

Noun

commodity diplomacy (uncountable)

1. (diplomacy) Diplomatic relations, by controlling trade to affect other goals, such as using trade barriers to influence the implementation of amenable foreign political decisions.
2. (trade) Trade relation diplomacy concerning a commodity in international markets and international trade.

Related terms

• commodity
• diplomacy
• gunboat diplomacy
• hostage diplomacy
• panda diplomacy
• ping-pong diplomacy