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Commercial Rivalries

Definition

Commercial rivalries refer to competition between countries or companies for dominance in trade or commerce.

Related terms

Trade Wars: A situation where countries try to damage each other's trade, typically by the imposition of tariffs or quota restrictions. These can be seen as more aggressive forms of commercial rivalries.

Protectionism: The theory or practice of shielding a country's domestic industries from foreign competition by taxing imports. This is one strategy used during commercial rivalries.

Economic Nationalism: Policies and beliefs that prioritize domestic businesses and discourage foreign imports. This mindset often fuels commercial rivalries.

"Commercial Rivalries" appears in:

Study guides (1)

  • AP European History - 5.2 The Rise of Global Markets

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About Us

About Fiveable

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Privacy Policy

CCPA Privacy Policy

Resources

Cram Mode

AP Score Calculators

Study Guides

Practice Quizzes

Glossary

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Crisis Text Line

Help Center

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.