Concept information
Preferred term
trade
Definition
- Trade refers to a global pattern of exchange in which goods and services produced in one political jurisdiction are consumed in another. The long history of trade is one of intercultural contact, competing theoretical paradigms, and controversy over the place of trade in national economic development strategies. [Source: Encyclopedia of Global Studies; Trade]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/trade
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