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What is exchange of goods and services?
trade or bartering
What is difference between industry trade and commerce?
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
What is international trade?
International trade is the exchange of goods and services between different countries.
The exchange of goods and services between countries is?
International trade
What are the difference between trade and business?
trade is the exchange of goods or services business is a transaction where goods and services are exchanged so they are the same
How did the trade routes on the Mediterranean Sea contribute to the exchange of cultural practices?
They increased opportunities for civilizations to exchange goods and ideas
What term describes the exchange of goods between Europe Asia Africa and the Americas?
What tern describes the exchange of goods and ideas among the continents of Europe, Asia, Africa, and the Americas
What was the 4 continents were bought closer during trade?
The four continents that were brought closer together through trade were Europe, Africa, Asia, and America. This period of expanded trade and cultural exchange, known as the Columbian Exchange, had a significant impact on the global economy and led to the transfer of goods, ideas, and diseases between these continents.
What is the relationship between trade banking and joint stock companies?
Trading is when you exchange items, goods, ideas, inventions and such. Banking is when you add interest and get money from merchants. Joint stock companies are a business in which people invest together.
What is exchange of goods and services?
trade or bartering
What word means the exchange of goods?
Trade
What is another word for the exchange of goods?
trade
What indicates the exchange of goods and services between countries?
International trade is the exchange of goods and services between countries. Other terms that indicate this are foreign trade and world trade.
What does trade mean in economics?
trade means to exchange things for goods
What is the affect of trade?
exchange of new ideas
Why were trade networking so important?
These networks helped people exchange products and information. Traders carried ideas, religious beliefs, art, and ways of living. They did not just trade goods. They also helped "trade" culture
What person or group often used trade to spread ideas inventionsand material goods?
Merchants and traders have historically played a crucial role in spreading ideas, inventions, and material goods through trade. As they traveled between regions and cultures, they facilitated the exchange of not only commodities but also knowledge, technologies, and cultural practices. This exchange significantly contributed to the development of civilizations and the interconnectedness of societies, exemplified by trade routes like the Silk Road.
