Trade deals with transactions for goods and services. Trade has historically been one of the chief ways in which individuals have interacted with each other. Trade is one of the main ways that countries interact with each other, as well as individuals interact with each other.
A Wikipedia list suggests that the earliest deemed English chartered trade monopoly organization was The Company of Merchant Adventurers of London in 1407 and presumably most, if not nearly all, ...
Basically I would like to know if there is an official term for the process which an independent island would undertake once reaching the point in societal/technological development to travel to other ...