Difference between revisions of "Trade"

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(New page: In its simplest form, <b>trade</b> is the exchange of goods and services between peoples. Category:Economics)
 
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In its simplest form, <b>trade</b> is the exchange of goods and services between peoples.
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In its simplest form, <b>trade</b> is the exchange of [[goods]] and [[services]] between peoples.
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Economists would extend the definition to include the act of importing and exporting.  And calculate trade figures by the quantity or value of exports and/or imports.
  
 
[[Category:Economics]]
 
[[Category:Economics]]

Revision as of 23:46, September 12, 2007

In its simplest form, trade is the exchange of goods and services between peoples.

Economists would extend the definition to include the act of importing and exporting. And calculate trade figures by the quantity or value of exports and/or imports.