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单词 passive commerce
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passive commerce
passive commerce n. now rare and historical (a) commerce in which the products of one country are transported by people of another; (b) commerce carried out in one country with traders, buyers, etc., from another country.
ΚΠ
1788 A. Hamilton Federalist Papers xi. 66 As they [sc. the maritime nations] have a common interest in being our carriers..they would..combine to embarrass our navigation in such a manner, as would in effect destroy it, and confine us to a passive commerce.
1851 Encycl. Americana IX. 547 Writers of the European continent understand..by passive commerce, that which it [sc. a nation] carries on with foreigners who come to its marts to sell and to buy.
1966 H. M. Hamill tr. M. de Talamantes in Hidalgo Revolt (1970) iv. 96 If the balance of trade had been inclined partially toward Europe and toward America, without the latter having acted to maintain a purely passive commerce, impeding her industry [etc.].
extracted from passiveadj.n.
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