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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 ...
The definitions and methodological concepts applied for the various statistical collections on international trade often differ in terms of definition (e.g. special trade vs. general trade) and coverage (reporting thresholds, inclusion of trade in services, estimates for smuggled goods and cross-border provision of illegal services).
Fair trade, by this definition, is a trading partnership based on dialogue, transparency and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, support producers, raise awareness and campaign for changes in the rules and practice of conventional international trade. [3]
Trade is a gay slang term which refers to the casual partner of a gay man or to the genre of such pairings. [1] Men falling in the category of "trade" are not gay-identified. Historically the motivations may at times include a desire for emotional fulfillment and admiration, but the term often refers to a straight man who partners with a gay man for economic benefit, either through a direct ...
Tradesmen/women are contrasted with laborers, agricultural workers, and professionals (those in the learned professions). [3] Skilled tradesmen are distinguished: from laborers such as bus drivers, truck drivers, cleaning laborers, and landscapers in that the laborers "rely heavily on physical exertion" while those in the skilled trades rely on and are known for "specific knowledge, skills ...
Balance of trade is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance ...
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Trade in services without taxes or other trade barriers. The absence of "trade-distorting" policies (such as taxes, subsidies, regulations, or laws) that give some firms, households, or factors of production an advantage over others. Unregulated access to markets. Unregulated access to market information.