• The indian trade

Trade

Most economistss accept the non-obvious theory that trade benefits both parties, and reject the notion that all exchange must exploit one party. Trade exists largely because differences exist in the cost of production of some tradable commodity in different locations. As such, exchange at market prices between locations benefits both.

Empirical evidence for the success of trade can emerge when contrasting countries such as South Korea, which has adopted largely unfettered free-trade, with India, which has pursued a more protectionist policy. Countries such as South Korea have fared much better (when measured by economic criteria) than India, and others, over the past fifty years.

Table of contents

1 History of Trade 2 Organisation of Trade 3 Types of Trade 4 See also

History of Trade

• Internal and External Trade History
• Barter
• Silent trade
• Introduction of Money
• Trader castes
• Chapmen
• The Silk Route
• The Rise of Banking
• The Age of Discovery
• Merchant Adventurers
• Mercantilism
• Trans-Atlantic Triangular Trade
• Capitalism
• Innovations in transport
• Colonialism and neo-colonialism
• Protectionism and free trade
• Fair trade
• The World Trade Organisation (WTO)
• Commodities, Goods and Intellectual Property
• Globalisation

• State control - recognising the importance of trade by preserving the natural monopoly of everyone
• Guild control - collectivist convenience for the merchant class, and grounds enough for their reputation in so many societies
• Free enterprise - a strange modern idea that appears to foster the deification of dealers for their heroism in the arenas of the markets

• Luxuries
• Commodities
• Staples
• International trade
• Arms trade
• Wholesaling
• Retailing

• List of international trade topics
• Common market
• Public exchange
• Trade bloc
• Trade route
• Trade war
• Trading post
• Business

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