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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 agreement for immediate or future rewards. A gift economy involves trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.
In one modern view, trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and needs. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity—including production of natural resources scarce or limited elsewhere. For example: different regions' sizes may encourage mass production. In such circumstances, trade at market prices between locations can benefit both locations.
Retail trade consists of the sale of goods or merchandise from a very fixed location (such as a department store, boutique or kiosk), online or by mail, in small or individual lots for direct consumption or use by the purchaser. Wholesale trade is traffic in goods that are sold as merchandise to retailers, or to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.
Historically, openness to free trade substantially increased in some areas from 1815 to the outbreak of World War I in 1914. Trade openness increased again during the 1920s, but collapsed (in particular in Europe and North America) during the Great Depression of the 1930s. Trade openness increased substantially again from the 1950s onwards (albeit with a slowdown during the oil crisis of the 1970s). Economists and economic historians contend that current levels of trade openness are the highest they have ever been.

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  1. Boom7#5times

    Be warned / Scam / Boiler Repair boiler-breakdown dot net

    Had a call to a 82 Old man, he paid these £300 up front for a years cover, and I find out on arrival he's been waiting for 3 weeks, no heating or HW.. ( I had to dig backwards from the customers phone number he had) . Turns out the email for invoice i asked for is fake, dont reply to my text...
  2. Uheat - Jacob

    Trade Counter Now Open! Come and visit us!

    Our new Trade Counter is open! We're on hand Monday to Friday 8am - 5pm to talk you through our wide range of Underfloor Heating, Wetroom, Flexible Plumbing and Frost Protection Solutions. Come and speak to us about your next project, and a enjoy a cup of tea or coffee on us! Visit us! Visit...
  3. A

    Trade Counter with knowledge.

    Hi, A new plumbing and bathroom store opening in slough, looking for a knowledgeable trades person to work on our trade counter full time. Salary will depend on experience and knowledge. please email CV to [email protected] for more details.
  4. E

    Police officer considering leaving to do a trade.

    Hi, I am a Queensland Police Officer that's considering packing it in to pursue a trade. I like the problem solving aspect of plumbing and think I'd be good at it. I've done a lot of home renovations but admittedly only minor plumbing repairs. After a decade in policing I just don't have a...
  5. P

    Is there a market for bespoke trade apps?

    Hi All, Last year, whilst working for a plumbing firm, we managed our team and office with a web and mobile app. Rather than use anything off the shelf, I built my own system using with an app building software. Think Wix/Wordpress but for apps and a lot more complicated. This worked out a lot...
  6. BulkWorkwear

    Trade Pack Deal

    Clothing Trade Pack Deal 2 x Logo Embroidered Hoodies 2 x Logo Embroidered T-shirts Bargain Price - £54.99 Get yours here while stocks last!
  7. C

    26 and looking for the best way into the trade

    Hi all Im wanting to become a plumber, I’m trying to find an apprenticeship but so far no luck, I’ve looked into the online courses to get the qualifications but most of the jobs I’m seeing advertised are wanting people with at least 2 years experience, what would be the best way of getting that...
  8. S

    I'm looking for a way into the plumbing trade

    Hello everyone, I hope someone will be able to guide me. I am 31 and have my level 2 diploma in plumbing and heating, I currently work as a maintenance engineer and am desperately seeking a way into the plumbing trade, I would love to do an apprenticeship but like most cannot afford to take such...
  9. H

    Gas Analyser for someone starting out in the gas trade

    Hi, Just wanting to know what the best gas analyser would be for someone starting out. Obviously at the moment cost if a big factor, some of the models are really expensive. I have been looking at the TPI DC710 as this seems the cheapest and doesn't seem like the annual calibration cost is...
  10. H

    Gas Analyser for someone starting out in the gas trade

    Hi, Just wanting to know what the best gas analyser would be for someone starting out. Obviously at the moment cost if a big factor, some of the models are really expensive. I have been looking at the TPI DC710 as this seems the cheapest and doesn't seem like the annual calibration cost is...
  11. Ted808

    Trade MAstermind webinaar

    Hey there has anyone signed up to Josef Valentine's (winner of .....that um ... apprentice prog) Trade mastermind yet? I watched his live webinaar about two months ago. In which he said there was limited time offer on his expertise and mentoring package. Lot's of yada yada about how good it is...
  12. J

    Heads up to the trade

    Stock market is down folks...put down your PTFE for five mins and buy some stocks & Happy Birthday Gordon 🥳
  13. centralheatking

    Essential things in our trade

    I use my iPad all the time to direct people etc. but my beloved Makita HR 2410 Sds after 20 years is ill, It’s going into care Saturday ...what a machine three sets of brushes in 20 years used every day ..used and abused done big holes with wide core bits way beyond its spec . If I have to will...
  14. Y

    PLumbers Needed For Trade Work Nationwide

    Plumbers Needed For Trade Work Nationwide Nationwide work available for plumbers and gas engineers. Work is in relation to housing association contract. If you are interested in this work, please contact me by clicking on my name and click 'Start Conversation' to message me for contact...
  15. OffshoreGas

    Trade shows

    There are a couple coming up, are they worth a visit? Do you get any sort of discount or find new products?
  16. CorgiDirect

    Trade in your old analyser and get 20% off a Testo 320

    REWARD 20% Discount Off Any Testo 320 Analyser Trade in your old Flue Gas Analyser and receive a 20% discount on any new Testo 320 Analyser. What do I need to do? To claim a 20% discount of a new Testo 320 Analyser , please email [email protected] with your: Name Address Make and...
  17. J

    What trade should get paid more ?

    Just been having a debate with my company owner about wages after finding out the joiner I work alongside earned more than me. I have my Advanced plumber ticket and gas. We carry various trades and have a big kitchen and bathroom renewal contract so our joiners are usually doing the kitchens. He...
  18. R

    Uk trade plumbers advice required please!?

    i've got some brand new boxed twyford thermostatic valves that after doing a little research i've realized there not cheap and probably worth trying to sell...... any idea of any plumbers forums or anything like that were i could advertise them ??? don't know where to start really.... thanks in...
  19. H

    Gas Course Experienced Trade Question!?!

    hi guys. I'm looking to do the initial gas course wit Logic for Training. The course is three weeks and they accept you if you pass a small assessment on an open day /interview day. Essentially they show you around and you have to answer 20 questions to prove you know enough about plumbing to...
  20. G

    Total novice in plumbing

    Hi guys, I'm at a point in my life that I need to learn a trade and make a career out of it. I've wasted the past 3 years of my life working but to no avail. I'm 23 and will be joining my local college for a lvl 3 in plumbing. I learn quick and will try and soak up as much knowledge as I can...
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