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Trade, a topic you might think is limited to economics wonks, has stunningly broad consequences. Trade determines what you can buy and where you can work. It can affect hormone levels in a supermarket chicken, the pictures printed on cigarette packages, and minimum wage laws around the world. If you work in an industry that imports or exports—and you likely do, or will—the …
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.
Define trade. trade synonyms, trade pronunciation, trade translation, English dictionary definition of trade. n. 1. The business of buying and selling commodities, products, or services; commerce. See Synonyms at business. 2. A branch or kind of business: the...
Aug 13, 2015 · TRADE meaning: 1. the activity of buying and selling, or exchanging, goods and/or services between people or…. Learn more.
May 31, 2024 · Trade refers to the voluntary exchange of goods or services between economic actors. Since transactions are consensual, trade is generally considered to benefit both parties.
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.
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Trade definition: the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.. See examples of TRADE used in a sentence.
16 meanings: 1. the act or an instance of buying and selling goods and services either on the domestic (wholesale and retail).... Click for more definitions.
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