1) What is home trade?
Answers
Domestic trade, different from international trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail.
Answer:
Domestic trade, different from international trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail.
The importance of domestic trade in a country is that it facilitates exchange of goods within the country. By doing this it also makes sure that factors of production reach to the right places so that the economy of the country can grow.
Types
Internal Trade
Internal Trade and Wholesale Trade.
Retail Trade..
Types of Retailing Trade.
Fixed Shop – Large Retailers and Chain Stores or Multiple Shops.
Mail Order Houses, Consumer Cooperative Stores and Supermarkets.
Role of Indian Chambers of Commerce and Industry in Promotion of Internal Trade.