What is trade? What ate the types of trade?

Question

RIYA KUMARI · Accepted Answer

Trade is the fundamental state of business activity. It includes sale and purchase of the goods or services.it involves the exchange or transfer of goods or services. The producers build the goods, then it transfer to the whole seller, then to a retailer and finally reached to the consumer. There are two different types of trade; domestic trade and foreign trade. domestic trade includes wholesale and retail trade. Foreign trade consists Import and export trade.

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Science & Technology

G. Sudheer Kumar

| Updated on May 25, 2021 | science-and-technology

What is trade? What ate the types of trade?

RIYA KUMARI

@riyakumari8997 | Posted on May 25, 2021