Trade Bill (Noun)
Meaning
A statute that would regulate foreign trade.
Classification
Nouns denoting communicative processes and contents.
Examples
- The trade bill was passed by the legislature to control the influx of foreign goods into the country.
- Critics argued that the new trade bill would lead to a rise in prices of imported electronic devices.
- To counter international competition, a trade bill was drafted to impose tariffs on certain imported goods.
- The recent trade bill aimed to strengthen the domestic textile industry by limiting foreign imports.
- Lawmakers proposed a trade bill to regulate imports and promote domestic production in response to foreign competition.