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Trade

The action of buying and selling goods and services.

Business Glossary provided by Plannit.ai
Trade is the exchange of goods or services between parties. In economic contexts, it involves markets where trade is facilitated, often with currency as a medium of exchange. Historically, trade began with barter systems and has evolved into complex international networks. Trade is a fundamental economic activity that can occur within local or global markets and can influence a country's economic strength and global economic dynamics.
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