About: Tradability

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Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example, is not generally considered a tradable good; it will be sold in the city in which it is produced and does not directly compete with other cities' prepared foods. Some non-commodities and services such as haircuts and massages are also obviously non-tradable. However, in recent years even pure services such as education can be regarded as tradable due to advancements in information and communications technology.

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  • Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example, is not generally considered a tradable good; it will be sold in the city in which it is produced and does not directly compete with other cities' prepared foods. Some non-commodities and services such as haircuts and massages are also obviously non-tradable. However, in recent years even pure services such as education can be regarded as tradable due to advancements in information and communications technology. (en)
  • Un tradable è un bene o un servizio che può essere venduto in un luogo distante da quello in cui viene prodotto. Viceversa, un bene che non gode di tale caratteristica è detto non-tradable. Beni diversi hanno diversi livelli di commerciabilità: più è alto il costo di trasporto e più è breve la durata, meno il bene è tradable. Il cibo pronto, ad esempio, non è generalmente considerato un bene tradable; sarà venduto infatti nella città in cui è stato prodotto, non entrando quindi in competizione diretta con il cibo pronto di altre città. (it)
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  • Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example, is not generally considered a tradable good; it will be sold in the city in which it is produced and does not directly compete with other cities' prepared foods. Some non-commodities and services such as haircuts and massages are also obviously non-tradable. However, in recent years even pure services such as education can be regarded as tradable due to advancements in information and communications technology. (en)
  • Un tradable è un bene o un servizio che può essere venduto in un luogo distante da quello in cui viene prodotto. Viceversa, un bene che non gode di tale caratteristica è detto non-tradable. Beni diversi hanno diversi livelli di commerciabilità: più è alto il costo di trasporto e più è breve la durata, meno il bene è tradable. Il cibo pronto, ad esempio, non è generalmente considerato un bene tradable; sarà venduto infatti nella città in cui è stato prodotto, non entrando quindi in competizione diretta con il cibo pronto di altre città. (it)
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  • Tradable (it)
  • Tradability (en)
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