#NasdaqETFUpdate Trade is the exchange of goods and services between people or countries, allowing each to benefit from resources or products they may not produce themselves. It can take place on a local, national, or international level. For example, one country may export oil while importing food, helping both trading partners meet their needs more efficiently. Trade encourages economic growth, creates jobs, and fosters cooperation between nations. It can be conducted through bartering or more commonly through the use of currency, and it's often regulated through trade agreements and laws to ensure fairness and safety.