Difference between revisions of "Trade"

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In its simplest form, <b>trade</b> is the exchange of [[goods]] and [[services]] between peoples.
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'''Trade''' in its simplest form 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.
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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.
  
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== See also ==
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*[[Capital]]
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*[[Capitalism]]
 
[[Category:Economics]]
 
[[Category:Economics]]

Revision as of 16:34, January 20, 2008

Trade in its simplest form 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.

See also