what is the difference between trade and exchange
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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words “exchange” and “trade” refer to the same activity–people who have one thing and want a different thing can exchange or trade it voluntarily with each other. The word “exchange” tends to emphasize trades within a single country or locale. The word “trade” tends to emphasize international aspe
The word “exchange” tends to emphasize trades within a single country or locale. The word “trade” tends to emphasize international aspects. Regardless, the activity of exchanging or trading is the same, whether it is with your neighbor or someone living clear across the world, as they all get a balance on the same thing “value”.