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What is a multilateralism?

What is a multilateralism? Here are some definitions.

Noun
  1. Unbiased trade between nations, in contrast to bilateralism.
  2. A system by which nations consult others in matters of foreign policy, by way of organisations such as the United Nations.
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Examples
Rather, the debate should be seen in terms of a presumption in favour of either multilateralism or unilateralism.
So like preemption, in today's supercharged political climate, unilateralism and multilateralism no longer convey any meaning.
We think that effective multilateralism is the key to maintaining global peace and prosperity.
Part of the problem is that multilateralism and international collaboration are necessarily unheroic and inherently full of compromises.
These data confirm the unstinting and largely unreported dedication of the American public to multilateralism in foreign policy.
Favoring multilateralism over unilateralism often means favoring talk over action.

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