Definitions for bilateralism
bi·lat·er·al·ism

Princeton's WordNetRate this definition:0.0 / 0 votes

1. bilaterality, bilateralism, bilateral symmetrynoun

   the property of being symmetrical about a vertical plane

WiktionaryRate this definition:0.0 / 0 votes

1. bilateralismnoun

   Having a matching arrangement on each of two sides.

2. bilateralismnoun

   The policy of having bilateral agreements between two countries (as opposed to unilateralism and multilateralism).

WikipediaRate this definition:0.0 / 0 votes

1. Bilateralism

   Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTA) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular contracting states. However, the states will face a trade-off because it is more wasteful in transaction costs than the multilateral strategy. In a bilateral strategy, a new contract has to be negotiated for each participant. So it tends to be preferred when transaction costs are low and the member surplus, which corresponds to “producer surplus” in economic terms, is high. Moreover, this will be effective if an influential state wants control over small states from a liberalism perspective, because building a series of bilateral arrangements with small states can increase a state's influence.

ChatGPTRate this definition:0.0 / 0 votes

1. bilateralism

   Bilateralism is the policy or practice of conducting negotiations, discussions, treaties, or other forms of agreements between two parties, typically between two countries or organizations. These agreements or arrangements are often reciprocal or mutual in nature, focusing on specific areas such as trade, defense, or cultural exchange.

WikidataRate this definition:0.0 / 0 votes

1. Bilateralism

   Bilateralism consists of the political, economic, or cultural relations between two sovereign states. For example, free trade agreements signed by two states are examples of bilateral treaties. It is in contrast to unilateralism or multilateralism, which refers to the conduct of diplomacy by a single state or multiple states, respectively. Typically when states recognise one another as sovereign states and agree to develop diplomatic relations, they exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperation in various fields mentioned above.

Matched Categories

1. • Symmetry

How to pronounce bilateralism?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say bilateralism in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of bilateralism in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of bilateralism in Pythagorean Numerology is: 4

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=bilateralism
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Bilateralism
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Bilateralism
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=bilateralism