Economics Dictionary of Arguments

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 Nontraded Goods - Economics Dictionary of Arguments
 
Nontraded goods: Nontraded goods are products or services that cannot be easily bought or sold across international borders. Their consumption is tied to their location of production due to factors like high transportation costs (e.g., houses, haircuts, local services), perishability, or inherent characteristics requiring local delivery. Their prices are primarily determined by local supply and demand. See also Goods, Commodity, Inalienability.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Feenstra, Robert C. Nontraded Goods   Feenstra, Robert C.

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Ed. Martin Schulz, access date 2026-07-20