Trade is not only the easternmost community in the state of Tennessee, it is also the oldest unincorporated community in the state. Trade is located along US 421 between Mountain City, Tennessee and Boone, North Carolina near the Tennessee / North Carolina border.
Around 1950 Mountain City School, Butler, and Dry Run were built with T. V. A. funds. The other communities in Johnson County wanted equal improvements to all schools in the county. Studies proved that consolidation improved the schools. In 1952 six elementary schools were built including this school to consolidate the one and two-room schools. Thirty-two schools were closed.
Students attended school at Trade Elementary School until the end of the 1988-89 school year when students were absorbed into neighboring Shoun’s Elementary.