Delta Force by Dan Sheridan
Description
Dan Sheridan
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So what is trading?
Trade involves the transfer of goods or services from one natural or legal person to another, often in exchange for money.
Economists call a system or network that allows you to trade like a market.
One of the earliest forms of trade, barter, involved the direct exchange of goods and services for other goods and services.
Barter involves the sale of things without using money. When ever the barter side began to involve precious metals,
they have acquired both symbolic and practical implications. [citation needed] modern traders usually negotiate through exchange,
for example, money. As a result, buying can be decoupled from selling or earning. The invention of money (and later credit,
paper money and non-physical money) greatly simplified and advanced trade.
Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.
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Course Features
- Lectures 0
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 196
- Assessments Yes
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