ⓘ Trade ..



To trade is to willingly give things or services and get other things or services in return. For example, a person giving a thing must find another person who wants to get that thing. The giver gets something back in return. A trade is also called an exchange or a swap. An early type of trade is barter. Barter was the exchange of goods and services for other goods and services. Barter involves trading things without using of money. Modern traders commonly buy and sell by the use of money. Trade between two traders is called bilateral trade. Trade between more than two traders is called mul ...



An entrepot is a trading post where merchandise can be imported and exported without paying a tariff. This is often at a profit. Sometimes it is more convenient to sell to an entrepot than to travel long distances along a trade route. The entrepot sells the goods at a higher price to others travelling the rest of the route. In modern times customs areas have largely made such entrepots obsolete. This type of port should not be confused with the modern French use of the word entrepot meaning warehouse.


Fair trade

Fair trade is a social movement which tries to help people who make things in developing countries. The movement helps people to work in better conditions and helps them get more money for what they make. These things give workers the opportunity to improve their lives and plan for their future, and they help reduce poverty. The movement also tries to keep the environment the same or improve the state that it is in. it is a way to help poverty Fair trade helps people in developing countries sell to people in developed countries. Things that are sold in international trade include handicraf ...


Foreign direct investment

Foreign direct investment is the participation of one countrys resources in another countrys business. Many times people and technology are transferred between the two countries. Most foreign direct investment happens between the most developed countries; Western Europe, the US, and Japan. A foreign direct investor can be a government body, a company, or an individual. China has much foreign direct investment in it from other countries. India was the second most. The United States is also a leader in foreign direct investment.


Kula ring

The Kula Exchange takes place on eighteen islands, including the Trobriand Islands, and involves thousands of people. The traders involved travel by canoe over hundreds of miles to exchange their Kula valuables. These valuables can be in the form of red shells that are traded to the North of the Islands, or in the form of white-shell armbands, which travel to the South of the Islands. Therefore creating a ring’ of moving valuables throughout the islands. The terms of trade change in different regions. For example, some traders have to exchange a white armband for a necklace or must trade a ...


London Livery Company

The City of London Livery Companies began as trade associations or trade guilds, which controlled who could carry out certain jobs in the City of London.


Multilateral trade

The term multilateral trade negotiations initially applied to negotiations between General Agreement on Tariffs and Trade member nations conducted under the auspices of the GATT and aimed at reducing tariff and nontariff trade barriers. In 1995 the World Trade Organization replaced the GATT as the administrative body. A current round of multilateral trade negotiations was conducted in the Doha Development Agenda round. Prior to the ongoing Doha Development Round, eight GATT sessions took place: 1st Round: Geneva Round, 1947 6th Round: Kennedy Round, 1963-67 7th Round: Tokyo Round, 1973-79 ...



Purchasing is the buying of goods or services. An item that has been bought is called a purchase. The opposite of a purchase is a sale. In common usage, the shorter word "buy" is typically used when shopping, rather than the word "purchase". However, the word has been used in many major historical terms, including: a Purchase and Sale Agreement, as a contract between a buyer and seller of land real estate. the Louisiana Purchase of 1803, which greatly increased the size of the U.S.; the Purchase System in the British Army; the Ashbourne Irish Land Purchase Act, or similar laws; The word pu ...


Silent trade

Silent trade, or barter, is when traders trade without talking to each other. This was used in many parts of ancient Africa. Silent bartering was used during 500 A.D to 1500 A.D. and probably had a much longer history. To do a silent barter, one group of traders would go to a certain place, leaving whatever they are offering to trade. The other group of traders would then decide if they would like to accept the goods usually salt or gold that were left. If the goods met with approval, the second group would then take the goods, leave their own goods in return, and leave because the person ...


Trade secret

A trade secret is a formula, practice, process, design, instrument, pattern, or a collection of information which is not generally known, invented or created, by which a business can obtain an economic advantage over competitors or customers. In some jurisdictions, such secrets are referred to as "confidential information" or "classified information". With its broad definition of eligible subject matter, trade secret law protects a wide range of valuable information, including information that would not be eligible for protection under existing patent, trademark, or copyright law. This cou ...


ⓘ Trade

  • To trade is to willingly give things or services and get other things or services in return. For example, a person giving a thing must find another person
  • United States Trade Representative USTR is the United States government agency responsible for developing and recommending United States trade policy to
  • International trade is when countries agree to allow their businesses to exchange products or resources, also known as importing and exporting goods.
  • The fur trade is a worldwide industry dealing in the gain and sale of animal fur. Before the colonization of the Americas, Russia was a major fur supplier
  • Fair trade is a social movement which tries to help people who make things in developing countries. The movement helps people to work in better conditions
  • people. Buying and selling slaves is a trade as old as many of the oldest civilizations. A modern form of the slave trade is called human trafficking. In one
  • World Trade Center may mean: World Trade Center 1973 2001 a complex of buildings in New York City destroyed in 2001. World Trade Center 2001 present
  • The World Trade Organization WTO is a large international organization to regulate trade that was established in 1995. As of 2018, there are 164 members
  • The original World Trade Center WTC was a complex of buildings in Lower Manhattan, New York, New York, United States which was destroyed in the September


Logistics is the term which generally means the management of transportation of information, from one place to another. Logistics involves things like transportation, inventory, packaging, supplies and sometimes, social security and warehousing. There are many types of logistics, for example: military logistics, business logistics and production logistics and marketing logistics.

Trade creation

Trade creation

Trade creation is an economic term related to international economics in which trade flows are redirected due to the formation of a free trade area or a customs union. The issue was firstly brought into discussion by Jacob Viner, together with the trade diversion effect.

Trans-Pacific Partnership

Trans-Pacific Partnership

The Trans-Pacific Partnership is a proposed free trade agreement drafted 5 October 2015 between several Pacific Rim countries. It is about many different matters of economic policy. Among other things, the TPP seeks to lower trade barriers such as tariffs, establish a common framework for intellectual property, enforce standards for labour law and environmental law, and establish an investor-state dispute settlement mechanism.