coastal trade
Definition
The transporting of goods or passengers by a ship registered in one country that takes place solely from port to port of another country (along the coast) and usually governed by that country's national law. Laws granting permission to conduct coastal trade are generally restrictive in every country. Also called cabotage.
Related Articles
- Buying Overseas Property in the UK *
- Considerations While Choosing a Bank *
- Short-Term Investment Choices *
- Looking For and Selecting a Tax Professional *
- Basic Bonds Terminology *
- Introduction to Buying a Home *
- International Stocks *
- Explanation of the Capital Gains Tax and Related Issues *
Related Videos
http://www.businessdictionary.com/definition/coastal-trade.html
