Trade is the voluntary exchange of goods or services between different economic actors. Learn about the benefits, types, and theories of trade, as well as the role of tariffs...
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Trade is the buying and selling of goods and services. Goods are objects that people grow or make—for example, food, clothes, and computers. Services are things that people do—for example, banking, communications, and health care. People have traded since prehistoric times.
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Trade is an engine of growth that creates better jobs, reduces poverty, and increases economic opportunity. Recent research shows that trade liberalization increases economic growth by an average of 1.0 to 1.5 percentage points, resulting in 10 to 20 percent higher income after a decade.
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What is trade? Container ships are used to transport goods all around the world. Buying and selling things is called trade. Trade is an important way for countries to make money and has been...
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Learn about the trade patterns, exports, imports, and services of the United Kingdom, a developed country with a mixed economy. Find out how Brexit, the European Union, and globalization have affected the UK's trade balance and economic growth.
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Learn what trade is, how it affects your life, and how it works in the global economy. Explore the history, benefits, and challenges of modern global trade with examples and resources from the...
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A study reveals who buys ivory and why, and how to reduce the demand for illegal wildlife products. Learn about the factors that drive ivory consumption in different countries, and the challenges...
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Learn the principles of trade, such as division of labour and specialisation, and the benefits and disadvantages of international trade. Find out how trade affects the global economy and the welfare of countries and consumers.
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Trade happens between businesses and countries across the globe, with container ships and aeroplanes carrying goods like toys, food and even cars, from one place to another.
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Explore historical and current patterns of international trade, its origins and effects, and the data and theory behind it. Learn how trade has changed the world economy, its impact on growth, inequality, and distribution.
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