an exchange of money or moneys worth between two parties
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An exchange of money or money's worth between two parties is known as "trade".
Explanation:
- When the exchange of goods or services takes place between two or more parties in the form of money or as money equivalent then it is called "trade".
- In trade, a person or individual possessing the services or goods transfers it to another person in return for money or money equivalent.
- The exchange of global goods and services takes place through trade system.
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