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- the activity of buying and selling, or exchanging, goods and/or services between people or countries:
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the activity of buying and selling, or exchanging, goods and/or services between people or countries: trade in The country's trade in manufactured goods has expanded in the last ten years. trade with 70 percent of the country's trade is with Europe. trade agreement The two countries have signed a trade agreement for one year only. Synonyms.
The meaning of TRADE is the business of buying and selling or bartering commodities : commerce. How to use trade in a sentence. Synonym Discussion of Trade.
2 days ago · trade in American English. (treid) (verb traded, trading) noun. 1. the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries. domestic trade.
- What Is Trade?
- How Trade Works
- International Trade
- Benefits of Trade
- Criticisms of Trade
- The Bottom Line
Trade is the voluntary exchange of goods or services between different economic actors. Since the parties are under no obligation to trade, a transaction will only occur if both parties consider it beneficial to their interests. Trade can have more specific meanings in different contexts. In financial markets, trade refers to purchasing and selling...
As a generic term, trade can refer to any voluntary exchange, from selling baseball cards between collectors to multimillion-dollar contracts between companies. In macroeconomics, trade usually refers to international trade, the system of exports and imports that connects the global economy. A product sold to the global market is an export, and a p...
International trade occurs when countries put goods and services on the international market and trade with each other. Without trade between different countries, many modern amenities people expect to have would not be available.
Because countries are endowed with different assets and natural resources, some may produce the same good more efficiently and sell it more cheaply than others. Countries that trade can take advantage of the lower prices available in other countries. Here are some other benefits of trade: 1. It increases a nation's global standing 2. It raises a na...
While the law of comparative advantage is a regular feature of introductory economics, many countries try to shield local industries with tariffs, subsidies, or other trade barriers. One possible explanation comes from what economists call rent-seeking. Rent-seeking occurs when one group organizes and lobbies the government to protect its interests...
Trade is the exchange of goods and services between parties for mutually beneficial purposes. People and countries trade to improve their circumstances and quality of life. It also develops relationships between governments and fosters friendship and trust.
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Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market . Traders generally negotiate through a medium of credit or exchange, such as money.
noun. the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries: domestic trade; foreign trade. Synonyms: dealing, barter, business. the act of buying, selling, or exchanging stocks, bonds, or currency: Stock brokerages typically charge a commission per trade.
trade. noun. /treɪd/. /treɪd/. Idioms. [uncountable] the activity of buying and selling or of exchanging goods or services between people or countries. international/foreign/global/world trade. trade in something the international trade in oil. the illegal trade in wildlife.
