Question

Wht do u mean by TARDE.
write in your own word.
Dont copy from google.
Dont answer if u dont know.
Irrelevant answers will be reported.
(Organisation of commerece).
class 11.​

Answer 1

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

Plzzzzz mark it as branliest

Answer 2

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.

Trade is defined as the general marketplace of buying and selling goods, the way you make a living or the act of exchanging or buying and selling something. An example of trade is the tea trade where tea is imported from China and purchased in the US. An example of trade is when you work in sales.

Trade increases competition and lowers world prices, which provides benefits to consumers by raising the purchasing power of their own income, and leads a rise in consumer surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms.