multilateralism

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mul·ti·lat·er·al

M0474700 (mŭl′tĭ-lăt′ər-əl)adj.1. Having many sides.2. Involving more than two nations or parties: multilateral trade agreements.
mul′ti·lat′er·al·ism n.mul′ti·lat′er·al·ist n.mul′ti·lat′er·al·ly adv.

multilateralism

(ˌmʌltɪˈlætərəlˌɪzəm) n1. (Government, Politics & Diplomacy) the practice or principle of nations or parties trading or forming agreements on a multilateral basis2. (Government, Politics & Diplomacy) the quality of being multilateral

multilateralism

the practice of promoting trade among several countries through agreements concerning quantity and price of commodities, as the Common Market, and, sometimes, restrictive tariffs on goods from outsiders.See also: Economics