Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Ask your questions and receive precise answers from experienced professionals across different disciplines. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.


How does a flourishing business affect trade?​


Sagot :

Answer: Flourishing services trade could boost world growth ... it easier to export such services as business- process outsourcing, medical diagnostics or education.

Explanation: Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.  An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.[1][need quotation to verify] Barter involves trading things without the use of money.[1] When either bartering party started to involve precious metals, these gained symbolic as well as practical importance.[citation needed] Modern traders generally negotiate through a medium of exchange, such as money

A good business will provide with good products and people will be willing to trade.