Question: What does a tourist trade mean?

From Longman Dictionary of Contemporary Englishthe hotel/tourist etc tradethe hotel/tourist etc tradethe business done by companies, hotels etc → industry Working on Saturdays is usual in the retail trade.

What is the meaning of good trade?

a commodity that is freely interchangeable with another in satisfying an obligation. future. bulk commodities bought or sold at an agreed price for delivery at a specified future date. import, importation. commodities (goods or services) bought from a foreign country.

What is the meaning of out trade?

An out trade is a trade that cannot be placed because it was received by an exchange containing conflicting information. The associated clearinghouse cannot settle the trade because the data submitted by parties on both sides of the transaction is inconsistent or contradictory.

What are the 3 types of trade?

The 3 Types of Trading: Intraday, Day, and Swing.

What are the 2 types of trade?

Trade can be divided into following two types, viz.,

  • Internal or Home or Domestic trade.
  • External or Foreign or International trade.

What does it mean trade in?

1 : to turn in as payment or part payment for a purchase or bill trade the old car in on a new one. 2 : exchange sense 2.

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What’s an in and out trade?

In and out is a trading strategy whereby a single security or currency is bought and sold multiple times over a short period. … It is a speculative approach to trading used to take advantage of short-term price.

What is another word for trade off?

The exchange of one thing for another. exchange. swap. trade. commutation.

Which trading is best for beginners?

Best Trading Platforms for Beginners 2021

  • TD Ameritrade – Best overall for beginners.
  • Fidelity – Excellent research and education.
  • Robinhood – Easy to use but no tools.
  • E*TRADE – Best web-based platform.
  • Merrill Edge – Great research tools.

What are the 4 types of trades?

Day trading, position trading, swing trading, and scalping are four popular active trading methodologies.

What is an example of a trade?

An example of trade is when you buy shares of a company stock. Trade is defined as the general marketplace of buying and selling goods, the way you make a living or the act of exchanging or buying and selling something. An example of trade is the tea trade where tea is imported from China and purchased in the US.

Why is trade so important?

Trade is critical to America’s prosperity – fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services. … U.S. goods trade totaled $3.9 trillion and U.S. services trade totaled $1.3 trillion.

What are the benefits of trade?

What Are the Advantages of International Trade?

  • Increased revenues. …
  • Decreased competition. …
  • Longer product lifespan. …
  • Easier cash-flow management. …
  • Better risk management. …
  • Benefiting from currency exchange. …
  • Access to export financing. …
  • Disposal of surplus goods.
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How do you classify trade?

Trade can be classified into two types: Internal trade: It refers to buying & selling of goods or services within the geographical boundaries of a country. It is also known as home trade or domestic trade.


  1. Export trade.
  2. Import trade.
  3. Entrepot trade.