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trade winds

(Encyclopedia)trade winds, movement of air toward the equator, from the NE in the Northern Hemisphere and from the SE in the Southern Hemisphere. The trade winds originate on the equatorial sides of the horse latit...

trade

(Encyclopedia)trade, traffic in goods. Conducted by gift, barter, or sale, trade is one of the most widespread of all social institutions. The theory of commerce as imposed by the national state has varied from...

free trade

(Encyclopedia)free trade, in modern usage, trade or commerce carried on without such restrictions as import duties, export bounties, domestic production subsidies, trade quotas, or import licenses. The basic argume...

fur trade

(Encyclopedia)fur trade, in American history. Trade in animal skins and pelts had gone on since antiquity, but reached its height in the wilderness of North America from the 17th to the early 19th cent. The demand ...

fair trade

(Encyclopedia)fair trade, a trading arrangement intended to provide more equitable international trade by creating better conditions for disadvantaged or marginalized producers of goods. Fair trade practices includ...

trade association

(Encyclopedia)trade association, group of business people in the same trade or industry organized for the advancement of common interests. The trade association differs from the chamber of commerce in that membersh...

trade rat

(Encyclopedia)trade rat: see pack rat.

trade union

(Encyclopedia)trade union: see union, labor.

fair-trade laws

(Encyclopedia)fair-trade laws, in the United States, a former group of statutes that permitted manufacturers to specify the minimum retail price of a commodity. The first fair-trade law was adopted (1931) by Califo...

Federal Trade Commission

(Encyclopedia)Federal Trade Commission (FTC), independent agency of the U.S. government established in 1915 and charged with keeping American business competition free and fair. The FTC has no jurisdiction over ban...