Trade FAQs:


Q: Is trade called a market?

A: Yes.

Q: Was trade considered by many as a principal cause of the depression causing stagnation and inflation?

A: Yes.

Q: Is trade usually regulated by governmental quotas and restrictions?

A: Yes, and often taxed by tariffs.

Q: Is trade believed to have taken place throughout much of recorded human history?

A: Yes.

Q: Is trade believed to have first begun in south west Asia?

A: Yes.

Q: Was trade an antithesis to the will and economic direction of the sovereigns of the ancient Greek states?

A: Yes.

Q: Was trade primarily based on national advantage in the mid 19th century?

A: Yes.

Q: Is trade defined as the sale of goods that are sold as merchandise to retailers?

A: Yes, and and/or industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services.

Q: Is trade the exchange of goods and services across national borders?

A: Yes.

Q: Was trade of major economic importance and helped spur the Age of Discovery in Europe?

A: Yes.