Trade networks are groupings of individuals or organizations with an interest in a particular section of commerce. London Metals Exchange would be one example, and the Diamond Exchange would be another.
Inside an individual country, one may have a corn exchange, or even such entities as a Better Business Bureau, or a Law Society.
Carry on trade refers to the practice of conducting business or trade in goods and services without formal registration or licensing, often relying on informal networks or relationships. This type of trade typically involves small-scale operations, where individuals or small groups buy, sell, or barter goods. Carry on trade can also imply a level of informality and flexibility, allowing participants to adapt quickly to market demands. However, it may also pose risks related to regulation and legality.
local trade is the type of trade which done inside the country .
Non fradulent trade is trade which results in everyone getting what they expected.
Informal trade is trade that is not counted in national statistics. In essence, it is trade that occurs 'under the table'.
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Europeans established trade networks between Europe and the Americas.
Triangular Trade Routes
they were enslaved by the trade networks
because resources are valuable
Manish Pandey has written: 'Social networks and trade liberalization' -- subject(s): Business networks, Free trade, Social institutions
- Trade networks were useful to the Native Americans, West Africans and the Western Europeans. All three cultural groups used the trade networks for their benefits. In the trade networks they not only exchanged material goods, but also marriage partners, laborers, ideas, and religious practices. Trade networks sometimes grew over large distances. Many materials were being traded such as copper from the great lakes area or shells from the gulf. These goods came from far distances from their place of origin.
The Hurons ran their trade networks by acting like agents to trade with the french for European goods.
Answer this question… The Ming dynasty operated trade networks primarily over land, while Europeans operated them over oceans.
Cisco & accenture
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The result of the intricate trade networks developed by the Inca was increased economic prosperity, cultural exchange, and political influence over surrounding regions. These trade networks allowed the Inca to expand their empire, maintain control over resources, and foster alliances with neighboring societies through the exchange of goods and ideas.
because trade routes were good and there was a lot of resources