[Solved] The direction of a person's erotic desires is referred to as his or her _____. Trade: Trade is the action of buying, selling, or exchanging goods and services between people, companies, or countries. Competition: The rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, promotion, and place. Bulgaria: A country located in Southeast Europe known for its rich history, cultural heritage, and geographical diversity. Invisible Hand: A term used by Adam Smith to describe the self-regulating nature of the marketplace.