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Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Traders generally negotiate through a medium of credit or exchange, such as money./GettyImages-864465648-afa912b9df02472b9ba01603e1ee8f08.jpg)
Discover how trade works, its benefits, and the global impact. Learn about trade types, international trade, and how comparative advantage shapes economies.
1. Of or relating to trade or commerce. 2. Relating to, used by, or serving a particular trade: a trade magazine. 3. Of or relating to books that are primarily published to be sold commercially, as in bookstores.