Entente

Summary of Entente

Literally, “an agreement.”In political usage, an understanding among governments as represented by accords on important areas. Commercially, the term is used on the Continent as a synonym for a cartel.

(Main Author: William J. Miller)

Entente and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Entente: In commercial usage in Continental Europe, a synonym for a price-fixing agreement orcartel.