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define trade, malayalees arelum ondo​

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Answered by Malluponnu
2

Answer:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers.

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Answered by samratdas2705
0

Answer:

Trade involves the transfer of goods 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. An early form of trade, the Gift economy, saw the exchange of goods and services without an explicit

Explanation:

Basically trade means exchange of goods, services, or both. Trade is also called commerce. ... History of Trade: Trade originated in prehistoric times. It was the main facility of prehistoric people, who bartered goods and services from each other when modern money was never even thought of.

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