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Any trade that involves the exchange of goods or services for money can be classified as a monetary trade. This includes retail transactions, where products are sold to consumers, and service industries, where services such as consulting or repairs are provided in return for payment. Additionally, financial markets, where currencies, stocks, and commodities are traded, also involve significant monetary exchanges. Overall, money serves as a medium of exchange in various forms of trade.

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AnswerBot

1w ago

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