Trade

Trade is voluntary exchange of goods and/or services. Exchanges may take place between two parties (bilateral trade) or amongst more than two parties (multilateral trade). In its original form trade necessarily used barter and the exchange of goods and services and recognized equal value desirable to both parties. Modern traders generally negotiate through the use of a medium of exchange, i.e. money, and rarely through barter: as a result one can separate buying and earning from selling. The invention of money (and subsequently of credit, paper money and non-physical money) greatly simplified and promoted the development of trade. Most economics s accept the theory that trade benefits both parties, and reject the notion that all exchange must exploit one party; because in order to occur in a free society, both parties must agree to a trade in order for it to take place. Trade exists for many reasons. As a result of specialization and division of labor, most people concentrate their energies on a small aspect of production, trading for the other necessities of life. Trade exists between regions because one region has an absolute or comparative advantage in the production of some tradable commodity, or because one region's size allows for the benefits of mass production. As such, exchange at market prices between locations benefits both. Empirical evidence for the success of trade can emerge when contrasting countries such as South Korea, which has adopted a policy of export-oriented industrialization, with India, which has historically pursued a more inward-looking policy, though it has nowadays begun to open up its economy. Countries such as South Korea have fared much better (when measured by economics criteria) than India, and others, over the past fifty years, though its success also has to do with effective state institutions. Although there are usually few trade restrictions within countries, international trade is usually regulated by governmental quotas and restrictions, and taxed by tariff . Tariffs are usually on imports, but sometimes countries may impose export tariffs or subsidy. All of these are called trade barriers. If a government removes all trade barriers, a condition of free trade exists. A government that implements a protectionism policy establishes many trade barriers. Sanctions or trade isolations on specific countries are usually imposed in order to punish a nation for some action. An embargo, a more severe form of externally imposed isolation, is a blockade of all trade by one country on another. == History of trade== *Internal and External Trade History *Barter *Silent trade *Introduction of Money *Trader castes *Chapmen *Roman commerce *The Silk Route, Amber Road and other trade routes *spice trade, slave trade, fur trade, cod trade *The Rise of Banking *Age of Discovery (Age of Exploration) *History of international trade *Merchant Adventurers and trading company: British East India Company, Muscovy Company, Virginia Company, Hudson's Bay Company and others *Mercantilism *Trans-Atlantic Triangular Trade *Industrial Revolution, Second Industrial Revolution *Capitalism *Innovations in transport *Colonialism and neo-colonialism *Protectionism and free trade *Fair trade *General Agreement on Tariffs and Trade and The World Trade Organisation (WTO) *Commodities, Goods and Intellectual Property *Globalisation *E-commerce == Organisation of trade== Different patterns of organising and administering trade include: * State control - trade centrally controlled by government planning. * Guild control - trade controlled by private business associations holding either de facto or government-granted power to exclude new entrants. * Free enterprise - trade without significant central controls; market participants engage in trade based on their own individual assessments of risk and reward, and may enter or exit a given market relatively unimpeded. == Types of trade == * Luxuries * Commodities * Staples * Slave trade * International trade * Arms trade * Wholesale * Retailer ==See also== * British timber trade * Business * Common market * Comparative advantage * Import substitution * List of international trade topics * Public exchange * Trade bloc * Trade fair * Trading post * Trade route * Trade statistics * Trade war ==External links== * [http://www.link2exports.com/ Link2exports - Export Country Profiles] Export Zone - Country Profiles, is part of the Official British Chamber of Commerce Export Zone, it provides a comprehensive overview of every country in the world and includes demographic, political, social and financial overviews along with details of trade missions and essential business contacts. * [http://www.globalissues.org/TradeRelated/TradeRelated.asp Trade-Related Issues] Commerce International trade bn:বাণিজ্য fa:بازرگانی simple:Trade

Trade

I question the POV neutrality of the remark re: "Free enterprise" being a "strange modern idea...deification" :You are right in questioning it. It is not even remotely neutral. I will now revise it. --User:Masterdlx 23:58, 14 Aug 2004 (UTC) ::My God. After another look, I can't begin to figure out where to revise this. It's hopelessly biased. --User:Masterdlx 00:22, 15 Aug 2004 (UTC) ::I gave it a shot at making the section in question NPOV User:68.198.66.115 16:14, 28 Aug 2004 (UTC) ::And making that change inspired me to get a Wikipedia account. User:Damien F 16:25, Aug 28, 2004 (UTC) == Sports trades? == Is there a page on sports trades? In the North American sports leagues (NFL, NBA, NHL and MLB) players may be traded for each other, or sometimes for draft (sports) picks.) It would be nice to have a page devoted to this (if there isn't one already). User:Funnyhat 02:04, 11 Apr 2005 (UTC) == removing importantstub == I'm removing the Template:importantstub template because this article has grown beyond a stub. If anyone knows what the article is missing it seems the Template:expand template would be a better choice. See Wikipedia:Substub#Differences_between_a_stub_and_a_substub. User:Triddle 17:44, 28 May 2005 (UTC)

See other meanings of words starting from letter:

T

TA | TB | TC | TD | TE | TF | TG | TH | TI | TJ | TK | TL | TŁ | TM | TN | TO | TP | TR | TS | TU | TW | TX | TY | TZ |

Words begining with Trade:

Trade
Trade
Trade-friendly
Trade-mark
Trade-off
Trade-Related_Aspects_of_Intellectual_Property
Trade-Related_aspects_of_Intellectual_Property_Rights
Trade-Related_aspects_of_Intellectual_Property_rights
Tradeable_emissions_permits
Tradeable_emission_permits
Tradebook
Tradecraft
Traded_publicly
Trademark
Trademark
Trademark
Trademarked
Trademarks
Trademark_Attorney
Trademark_attorney
Trademark_dilution
Trademark_infringement
Trademark_law
Trademark_law
Trademark_Move.ogg
Trademark_notices
Trademark_notices
TRADEMARK_Official_Gazette
TradeMoney.ogg
Tradename
Tradenames
Tradeoff
Trader-friendly
Traders
Trader_Ethic
Trader_Horn
Trader_Joe's
Trader_joes
Trader_Media_Group
Trader_Monthly
Trader_monthly
Trader_Syndrome
Trader_Vic
Trader_Vic's
Tradescantia
Tradescantia_pallida
Tradesman
Tradesman
Tradesman's_Entrance
Tradesports
TradeStation
TradeStation
TradeStation_Software
Trades_council
Trades_Descriptions_Act
Trades_Description_Act
Trades_Hall
Trades_Hall
Trades_hall
Trades_Union
Trades_union
Trades_Unions_Congress
Trades_Union_Congress
Trades_Union_Congress
Tradewars
Tradewars
TradeWars_2002
TradeWars_2002
TradeWars_2002
Tradewars_2002
TradeWars_2002_ship_types
Tradewater_Pirates
Tradewater_River
Tradewest
TradeWinds
Tradewinds
Tradewinds,_Texas
Tradewinds,_TX
Tradewinds_Tours_&_Travel
Tradewinds_Tours_and_Travel_Private_Limited
Trade_Act_of_2002
Trade_agreement
Trade_Air
Trade_and_development
Trade_and_development
Trade_and_Industry_Committee
Trade_and_Industry_Secretary
Trade_and_Tryon
Trade_association
Trade_association
Trade_balance
Trade_barrier
Trade_barriers
Trade_bloc
Trade_bloc
Trade_bloc
Trade_block
Trade_blocks
Trade_blocks
Trade_blocs
Trade_book
Trade_card
Trade_center
Trade_convention
Trade_creation
Trade_credit
Trade_deficit
Trade_deficits
Trade_Descriptions_Act
Trade_Descriptions_Act
Trade_Description_Act
Trade_discount
Trade_diversion
Trade_dollar
Trade_dress
Trade_embargo
Trade_Expansion_Act
Trade_fair
Trade_Federation
Trade_Federation
Trade_Federation_(Star_Wars)
Trade_Federation_Battleship
Trade_Federation_Core_Ship
Trade_Federation_Cruiser
Trade_Federation_Cruiser
Trade_Federation_Landing_Ship
Trade_Federation_Sub-Carrier
Trade_in_Services
Trade_in_services
Trade_in_services
Trade_in_the_Qin_dynasty
Trade_in_the_qin_dynasty
Trade_item
Trade_Justice
Trade_justice
Trade_justice
Trade_Justice_Movement
Trade_Lake
Trade_Lake,_Burnett_County,_WI
Trade_Lake,_Burnett_County,_Wisconsin
Trade_Lake,_WI
Trade_Lake,_Wisconsin
Trade_lanes
Trade_liberalisation
Trade_liberalization
Trade_Mark
Trade_mark
Trade_marks
Trade_Marks_Act_1994
Trade_mark_sign
Trade_name
Trade_off
Trade_pact
Trade_paperback
Trade_paperback
Trade_paperbacks
Trade_paperback_(comics)
Trade_post
Trade_Practices_Act_1974
Trade_route
Trade_routes
Trade_routes
Trade_sanctions
Trade_school
Trade_secret
Trade_Secretary
Trade_secrets
Trade_show
Trade_Shows
Trade_Shows
Trade_surplus
Trade_Union
Trade_union
Trade_union
Trade_Unionism
Trade_unionism
Trade_unionist
Trade_unionists
Trade_unionists
Trade_Unions
Trade_Unions
Trade_unions
Trade_unions_at_the_Mangalore_Chemicals_and_Fertilisers
Trade_unions_in_Burkina_Faso
Trade_Unions_in_Communist_Czechoslovakia
Trade_unions_in_Hong_Kong
Trade_unions_in_Indian_Railways
Trade_Unions_in_Malaysia
Trade_unions_in_Trinidad_and_Tobago
Trade_unions_of_the_Singareni_coal_fields
Trade_unions_of_the_Visakhapatnam_Steel_Plant
Trade_unions_of_the_West_Bengal_jute_mills
Trade_Union_Centre_of_India
Trade_Union_Centre_of_India
Trade_Union_Congress
Trade_Union_Coordination_Committee
Trade_war
Trade_Wars
Trade_Wars
Trade_wars
Trade_wars_2002
Trade_war_over_genetically_modified_food
Trade_war_over_genetically_modified_food
Trade_Wind
Trade_wind
Trade_winds