Question

what is trade explain the types of trade

Answer 1

A system or network that allows tradeis called a market. An early form oftrade, barter, saw the direct exchange of goods and services for other goods and services. ... Trade between two traders is called bilateral trade, whiletrade involving more than two traders is called multilateral trade.

Answer 2

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. There are two types of trading systems, a mechanical system and a discretionary system.