Trade

Trade is the transfer of ownership of goods and services from one person to another. Trade is sometimes loosely called commers or financial transaction or barter. A network that allows trade is called a market. The original form of trade was batter, the direct exchange of goods and services. Later one side of the barter were the metals, precious metals, bill, paper money. Modern traders instead 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 promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.

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