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People who buy, sell, and trade goods are often referred to as merchants or traders. They play a crucial role in the economy by facilitating the exchange of products and services, connecting producers with consumers. This activity can occur in various settings, from local markets to global trade platforms. Their transactions help determine supply and demand, influencing pricing and availability in the marketplace.
What else can I help you with?
People who buy and sell goods?
Merchants used to travel around the world to buy and sell goods
Which is a system in which countries buy and sell goods and services across their borders?
international trade
Advantages of bilateral trade?
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
What is the act when people refuse to buy goods from another country?
Trade embargo,sanctions or a boycott
What is a money economy?
It is an economy where people use currency rather than barter to buy and sell goods.
Who are people who buy sell and trade goods in Mali?
Malisian Traders!!! HAHAHA LOL!!
People who buy and sell goods?
Merchants used to travel around the world to buy and sell goods
Which is a system in which countries buy and sell goods and services across their borders?
international trade
What's sumerian merchants?
Sumerian merchants are people (in or from Sumer (soo-mur) that sell, buy, and trade goods. They traded good to get what they needed.
Where do people buy their goods?
retail trade is conducted in a shop
Why do people trade globally?
People trade with the other countries because every country does not have everything it needs.Countries have to buy and sell goods in order to have more varities of products.It's not neccessary to trade only with the other countries but the trading can be done internally within the country too.
What is a swap?
A place that is like a market. People gather there to buy, sell, or trade.
Advantages of bilateral trade?
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
What is the act when people refuse to buy goods from another country?
Trade embargo,sanctions or a boycott
What does the company Trade It do?
The company Trade It offers local buy and sell advertisements on it's website for the locals of Bristol and South West which include a wide variety of goods and services from pet supplies and home goods to vehicles and property.
Why were certain trade routes called the triangular trade?
If you buy from A and sell to B, then buy goods from B to sell back to A, then even a casual passerby can duplicate the trips and easily compete and undercut you.Buy from A, sell to B, buy from B, sell to C, buy from C, sell to A is much more profitable because the total trips average all shorter (draw a diagram and see!!!) and much more tricky to compete with.
Why certain trade routes called the triangular trade routes?
If you buy from A and sell to B, then buy goods from B to sell back to A, then even a casual passerby can duplicate the trips and easily compete and undercut you.Buy from A, sell to B, buy from B, sell to C, buy from C, sell to A is much more profitable because the total trips average all shorter (draw a diagram and see!!!) and much more tricky to compete with.
