Question

describe the scope of internal trade​

Answer 1

Home trade is dealing with goods and services within the boundary of the country. The traders have very limited formalities in home trade and the payment is to be done within the country.

There are following kinds of trade:

Wholesale trade is purchasing of goods from manufacturers in large quantities according to the demand of the customers.

Retail trading is purchasing of goods from wholesalers and sell them directly to customers.

Large scale trade is purchasing of goods in bulk and providing them to customers.

Fixed trade means where the place is fixed to sell the goods to consumers like fixed shops.

Departmental stores are those which are divided into several departments in a particular place. Like malls etc. Tgese are very expensive as compared to other shops.