- published: 05 Oct 2009
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Trade involves the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money. Possible synonyms of "trade" include "commerce" and "financial transaction". A network that allows trade is called a market.
The original form of trade, barter, saw the direct exchange of goods and services for other goods and services. Barter is trading things without the use of money. Later one side of the barter started to involve precious metals, which gained symbolic as well as practical importance. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.
Trade exists due to the specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity, or because different regions' size may encourage mass production. As such, trade at market prices between locations can benefit both locations.
Trade (also known as Chow) is a gay slang term originating from Polari and refers to the (usually) casual partner of a gay man or to the genre of such pairings. Men falling in the category of "trade" are not gay-identified. Historically the motivations may at times include a desire for emotional fulfillment and admiration, but the term often refers to a straight man who partners with a gay man for economic benefit, either through a direct cash payment or through other, more subtle means (gifts, tuition payments, etc.). Trade originally referred to casual sex partners, regardless of sexuality as many gay and bisexual men were closeted, but evolved to imply the gay partner is comparatively wealthy and the partner who is trade is economically deprived. Examples of this include wealthy Englishmen finding partners among deprived Cockneys in 1930s London; traveling men finding partners in places such as Rio de Janeiro, Brazil, and Bangkok, Thailand and locals picking up military personnel who are generally seen as being physically appealing and eager for extra income or benefits.
Trade was a highly successful, pioneering and influential gay nightclub started in 1990 by Laurence Malice. Trade was unlike any other club at the time as it opened from 4am until 1pm on Sundays at Turnmills, Clerkenwell Road, London. The club was touted as "the original all night bender". The door policy was firm but fair: "You don't have to be gay or a member to get in, but your attitude and look will count".
Trade quickly grew in popularity as other clubs at the time such as Heaven, G-A-Y and The Fridge closed at around 02:00-03:00 Sunday mornings, an hour or so before Trade opened at 03.00 Therefore, clubbers were able to go straight on to the club. At the time many guys went cruising in the parks after leaving other clubs. The name 'Trade' and the opening hours was to encourage guys to go to the club as a safer alternative.
Turnmills was the first club in the UK to be given a 24-hour "Music & Dance" licence. This was gained after Laurence Malice had for a long period of time tried to convince Mr Newman that there was a need for people to be able to party in a safe environment after 3am in the morning. Due to this licensing advantage, the venue's role was crucial to the success of Trade.
African(s) may refer to:
Africas business leaders in recent months have been focusing their attention on inter African trade. The continent is home to over one billion people, translating into a market that can unlock Africas growth potential.
African countries began officially trading under the African Continental Free Trade Area, the largest free-trade area since the establishment of the World Trade Organization. Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: http://reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
2020 was bound to be a watershed year. Do you remember those 2020 visions? How many countries actually realized those lofty visions? Then the corona virus and changed everything. Some argue the reshaping of the world economy is in part a good evil, offering Africa a chance to stake its place in the world economy, especially with the coming of the AfCFTA. This brings us to today: where we launch the Africa Trade Report, a detailed look at African trade like no other, brought to you by Afreximbank.
In Africa, non-tariff trade barriers raise transaction costs and limit the movement of goods, services, people and capital across borders. To further development, African governments must embrace regional integration, break down these barriers and help Africans trade with each other.
The newly launched joint report by UN Economic Commission for Africa (UNECA), TradeMark East Africa (TMEA) and African Economic Research Consortium (AERC) entitled “Waving or Drowning? The Impact of the COVID19 Pandemic on East African Trade” notes that declines in imports broadly reflected the adverse trade performance of the EAC’s main trading partners during the early phases of the pandemic in April and May 2020, but the imports of all the EAC Partner States subsequently recovered to pre-pandemic levels by the second half of 2020, after governments’ lockdown restrictions were eased, and a broader global trade recovery started to take place. #COVID19 #Trade
Poor access to trade finance is constraining the role of cross-border trade as a driver of development in West Africa. Improving the availability and cost of trade finance could boost trade volumes by 8% to 16%, supporting economic growth and diversification. To better understand the ecosystem in the region, IFC and the WTO conducted in-depth research in the four largest economies in the Economic Community of West African States: Nigeria, Ghana, Cote D’Ivoire, and Senegal.
It's been more than two years since Nigeria signed up to the African Continental Free Trade Area Agreement. It became the 34th member of the bloc. But the country still hasn't put the required measures in place to fully participate. Chinaza Samuel reports. Subscribe to our Channel for high profile interviews. Follow us on Twitter at https://twitter.com/ARISEtv | and Instagram: https://www.instagram.com/arisenewsofficial | and Facebook: https://www.facebook.com/AriseTVNews | Check out our website www.arise.tv
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN In this edition, we turn our attention towards the African Union - European Union summit in Abidjan. The summit on jobs and development was overshadowed by recent reports of slave auctions in Libya. And in South Sudan, at least 50 people have been killed and around 60 women and children abducted by tribal militia in Jonglei state. A recent study suggests that domestic abuse and assault against women are on the rise in the war-torn country. As leaders from of 80 nations from across the EU and AU meet in Abidjan for a summit meant to focus on youth and development, migration is on top of the agenda. And recent revelations that slave markets have sprung up in migra...
In this short video, Thomas Kendra, Aline Doussin and Lédéa Sawadogo-Lewis describe Hogan Lovells' recently launched AfCFTA report and the implications of this treaty for our clients and for the continent.
Trade involves the transfer of the ownership of goods or services from one person or entity to another in exchange for other goods or services or for money. Possible synonyms of "trade" include "commerce" and "financial transaction". A network that allows trade is called a market.
The original form of trade, barter, saw the direct exchange of goods and services for other goods and services. Barter is trading things without the use of money. Later one side of the barter started to involve precious metals, which gained symbolic as well as practical importance. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade.
Trade exists due to the specialization and division of labor, in which most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions may have a comparative advantage (perceived or real) in the production of some trade-able commodity, or because different regions' size may encourage mass production. As such, trade at market prices between locations can benefit both locations.