Who profits from trade?

Answer 1

An industry trade group, also known as a trade association, is an organization founded and funded bybusinessesthat operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education,political donations, lobbying andpublishing, but its main focus is collaboration between companies, or standardization. Associations may offer other services, such as producing conferences, networking or charitable events or offering classes or educational materials. Many associations are nonprofit organizations governed by bylaws and directed by officers who are also members.

In countries with a social market economy the role of trade associations is often taken by employers' organizations which also have a role in the social dialogue.