(つうしょう)

つうしょう
noun
trade; commerce
formaleconomics
See also: 通称(つうしょう) (common name, alias)
1. trade; commerce; commercial exchange
The exchange of goods and services between countries or regions. A formal term used in political, economic, and diplomatic contexts.
The two countries signed a trade treaty.
Free trade promotes economic growth.
During the Edo period, Japan severely restricted trade with foreign countries under its isolationist policy.

A formal term for trade and commerce, especially between nations. More formal and diplomatic than 貿易(ぼうえき) (foreign trade) or 商売(しょうばい) (business).

Common collocations

Historically important in the context of Japan's opening to the West: the 日米修好通商条約(にちべいしゅうこうつうしょうじょうやく) (Treaty of Amity and Commerce between the US and Japan, 1858) is a landmark event in Japanese history.