Trade and Exchange

Kids, School Tools, Business and Economics, ABCs, 123s, Money
Cover of the book Trade and Exchange by Britannica Educational Publishing, Britannica Educational Publishing
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Author: Britannica Educational Publishing ISBN: 9781538302781
Publisher: Britannica Educational Publishing Publication: August 1, 2018
Imprint: Britannica Educational Publishing Language: English
Author: Britannica Educational Publishing
ISBN: 9781538302781
Publisher: Britannica Educational Publishing
Publication: August 1, 2018
Imprint: Britannica Educational Publishing
Language: English

Thousands of years ago, the Mesopotamia tribes began an early form of trade and exchange called bartering. Today, people trade cryptocurrencies in exchange for clothing and food. In some ways, the riveting world of exchange has evolved; but in others, this world remains the same. Readers will encounter incentives for voluntary exchange (Standard 5), commonly traded goods and services, payment methods, barriers to trade, and international trade agreements. Compelling sidebars highlight exchange-related concepts, like Bitcoins, Silk Road, and the Consumer Boycott from the Anti-Apartheid Movement.

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Thousands of years ago, the Mesopotamia tribes began an early form of trade and exchange called bartering. Today, people trade cryptocurrencies in exchange for clothing and food. In some ways, the riveting world of exchange has evolved; but in others, this world remains the same. Readers will encounter incentives for voluntary exchange (Standard 5), commonly traded goods and services, payment methods, barriers to trade, and international trade agreements. Compelling sidebars highlight exchange-related concepts, like Bitcoins, Silk Road, and the Consumer Boycott from the Anti-Apartheid Movement.

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