Updated: Aug 20, 2021

1. The transport of goods within a country. In the US and some other countries, this is required to be carried out by domestic carriers. Such a restriction is a form of protectionism. 2. A right to transport goods within a country granted to a foreign carrier.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.