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A trade is any occurence where a product or service is rendered in exchange for another product or service. This can be immediate, or a trade can be made where a person fulfills his end of the bargain at a later time.
In a direct, natural trade, goods are traded at a ratio as determined by the people involved. For example, I am in need of cabbage and I have chickens to trade. Another person who has cabbages wants two chickens for a cabbage. I determine that I want to trade a chicken for two cabbages instead. Eventually we reach an agreement on how many chickens I supply and how many cabbages I get in return.
This part of the trade is called bargaining or haggling.
What else can I help you with?
What do the caricom countries trade and why do they trade?
What do the caricom countries trade and why do they trade?
Who Said Trade Trade No Free Trade?
i hate free trade and fair trade let them starve
What are three types of trade barriers?
local trade , regional trade , international trade
What is trade in the economy?
A trade in a economy is what they trade for money.
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
What do the caricom countries trade and why do they trade?
What do the caricom countries trade and why do they trade?
Who Said Trade Trade No Free Trade?
i hate free trade and fair trade let them starve
When was Trade In Trade Up created?
Trade In Trade Up was created in 2007.
What is trade to trade?
AIDS TO TRADE ARE WHAT HELP TRADE TO WORK THEY ARE THE services required to facilitate trade.services needed bybusinessesto trade
What are the three different types of trade?
The three different types of trade are stock trade, bond trade, and alternative trade.
Who is presidential campaign slogan was tradetrade no free trade?
trade,trade,no free trade.
What are three types of trade barriers?
local trade , regional trade , international trade
What is trade in the economy?
A trade in a economy is what they trade for money.
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
What is local trade?
local trade is the type of trade which done inside the country .
The Court of international trade is also known as?
the trade court
What were engalnds trade rules for the new England colonies?
The rules for the trade rules were that you could not secretly trade, women could not trade, and you couldn't trade things that were needed in the area.
