Trading
Trade, or commerce, involves the transfer of goods and/or services from one person or entity to another, often in exchange for money. A network that allows trade is called a market. Trading is an healthy habit for making money easily.
Measurement of gains from trade:-
Classical Economist there are two methods to measure the gains from trade:
- international trade increases national income which helps us to get low priced imports.
- gains are measured in terms of trade.
To measure the gains from the trade comparison of cost of production between domestic and foreign countries something is required. But it is very difficult to acquire the knowledge of cost of production and cost of imports in a domestic country. Therefore, terms of trade method is preferable to measure the gains from trade.
Even the government encourages trading due to the above given reasons. So to start trad at a better platform join the trading market in "fpmarket" website. I personally have many benefits by using this web site for trade.
For joining the trade visit the website given below:
http://www.fpmarkets.com.au/