Home > Term: cabotage
cabotage
1. Navigation and trade by ship along a coast, especially between ports within a country. Restricted in the U. S. By the Jones Act to domestic shipping companies. 2. Air transportation within a country. Often restricted to domestic carriers, in an example of barriers to trade in services.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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