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Author Topic: barter vs. trade
Elizabeth
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What is the difference, please?
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ketchupqueen
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In what context?

I'd say usually "barter" connotes haggling/negotiation, goods more than services. "Trade" can mean "commerce", it can mean a straight exchange, basically the same things as "barter" but with less connotations of goods, more goods AND services, and less connotations of haggling/negotiation.

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ketchupqueen
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(Of course that's just my general understanding and the associations I have, based on my encounters with those words. Others may see it differently. [Smile] )
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rollainm
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Sounds about right to me.
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ricree101
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Doesn't barter also imply that neither of the goods being exchanged is currency? At least, that's how I've always heard the word used.
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Jhai
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I'd say barter is one form of trade.

Trade is any sort of exchange from one entity to another. For instance, the field of "international trade" in economics covers goods, services, and even labor (in the form of immigrants) moving between nations. So any exchange that could be considered "economic" in nature (and a bunch that aren't) falls under the idea of "trade."

Barter, by definition (as ricree says), requires no use of currency to facilitate the trade of the goods or services. It also tends to have the haggling connotation that kq notes, but I don't think that's a necessary feature.

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Kwea
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quote:
Originally posted by Jhai:
I'd say barter is one form of trade.

Trade is any sort of exchange from one entity to another. For instance, the field of "international trade" in economics covers goods, services, and even labor (in the form of immigrants) moving between nations. So any exchange that could be considered "economic" in nature (and a bunch that aren't) falls under the idea of "trade."

Barter, by definition (as ricree says), requires no use of currency to facilitate the trade of the goods or services.

This is almost a textbook answer. It is completely correct, IMO.


Bater is a form of trade, usually considered the basic beginning level of trade.

[ February 10, 2008, 09:03 PM: Message edited by: Kwea ]

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