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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.