Definition Definition

Tradeable

A product (a good or service) is tradeable if its purchaser can buy it far away from the place where it is produced. Most goods (other than perishable or extremely perishable products) are tradeable, and some services (such as tourism, and specialized financial, business, and educational services) are also tradeable.

Category: Economics
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Related Definitions

  • Non-tradeable
    Some products cannot be transported over long distances, or otherwise...