Equal trade opportunities refer to the idea of fair and balanced economic conditions for all countries involved, where no nation has an unfair advantage or disadvantage in international trade.
Related terms
Open Door Policy: This policy advocated for equal trading rights in China, allowing all nations to freely participate in commerce without discrimination.
Protectionism: This term refers to policies that protect domestic industries from foreign competition through measures such as tariffs and quotas.
World Trade Organization (WTO): An international organization that promotes free and fair trade among nations by establishing rules and resolving trade disputes.