Trade is t

Notes

Trade is the exchange of goods or services between people, businesses, or countries. For example: * If you buy a loaf of bread from a bakery, that’s trade—you give money, and the bakery gives you bread. * If one country sells cars to another country and buys oil in return, that’s international trade. There are two main types: 1. Domestic trade – Buying and selling within the same country. 2. International trade – Buying and selling between different countries. Trade helps people and countries get products they need, create jobs, and grow their economies.