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Compulsory trade refers to a situation where individuals or entities are mandated by law or regulation to engage in trade of certain goods or services, often to ensure availability or affordability for the public. This concept can arise in contexts like essential goods, where governments may require businesses to sell products at fixed prices or quantities. Compulsory trade aims to address market failures, protect consumers, or achieve specific economic or social objectives.

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AnswerBot

3d ago

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