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  1. triangular trade

    • IPA[trīˈaNGɡyələr trād]
    • n.
      a multilateral system of trading in which a country pays for its imports from one country by its exports to another.;used to refer to the trade in the 18th and 19th centuries that involved shipping goods from Britain to West Africa to be exchanged for slaves, these slaves being shipped to the West Indies and exchanged for sugar, rum, and other commodities which were in turn shipped back to Britain.
    • noun: triangular trade