What is another word for theory of trade?
Pronunciation: [θˈi͡əɹi ɒv tɹˈe͡ɪd] (IPA) 
The term "theory of trade" refers to the set of principles and concepts that underlie the study of international trade. However, there are numerous synonyms for this phrase. For example, economists may refer to "trade theory," "international trade theory," or simply "trade"; while global markets and international business communities use the term "trade models," "trade strategies," and "trade policies." Additionally, the term "commercial theory" can be used in a historical sense to describe the study of trade practices throughout history. Regardless of the specific terminology used, the theory of trade is crucial to understanding the economic structures and opportunities that exist in a globalized world.
