All Rights Reserved. In ancient times and frequently even now, trade was conducted through the bartering of goods. In developed economies, trades are usually made with an intermediary, especially money or credit. Trade is regulated by laws of the particular jurisdiction in which a trade is made.
Common restrictions include prohibitions on selling stolen property or non-existent goods. Most states, however, have much more complex regulations for trade, depending on the complexity of goods and services traded in their jurisdiction.
States also regulate trade between parties in different jurisdictions.
In modern financetrade especially refers to trade on securities exchanges. For example, the sale of a stock from one investor to another is known as a trade. This type of trade is regulated by special agencies in the appropriate jurisdiction; trade in the United States is regulated by the SECtrading strategies other organizations.
See also: CountertradeFree tradeProtectionism. Farlex Financial Dictionary. Tell a friend about usadd a link to this page, or visit the webmaster's page for free fun content.
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