Definition, Meaning & Synonyms

trading-networks

noun

/ˈtreɪ.dɪŋ ˈnɛt.wɜːrks/

Definition

Trading networks are structured systems that facilitate the exchange of goods and services among parties, often involving multiple agents or markets.

Examples

Global trading networks allow small businesses to reach international markets.
Understanding trading networks is crucial for efficient supply chain management.
The success of the startup was largely due to its robust trading network.

Meaning

The concept of trading networks encompasses the connections and relationships that enable businesses and individuals to buy, sell, and trade products effectively.