Question

explain the types of trade in detail​

Answer 1

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers.

Types of Trade :

• Internal Trade.
• External trade.
• Export Trade.
• Import Trade.
• Entrepot Trade.

Internal Trade :

Trade refers to buying and selling of goods and services with the objective of earning profit. Trade which takes place within a country is called internal trade.

External Trade :

When buying and selling of goods take place across the national boundaries of different countries it is called External trade.

Export Trade :

Export trade is the transaction in international trade where the manufactured goods and services from one country are purchased by residents of another country.

Import Trade :

The import trade is referred to goods and services purchased into one nation from another.

Entrepot Trade :

A commercial operation whereby goods are imported into a country and re-exported without distribution within the importing country.

Answer 2

Answer:

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers. A trader acts as intermediary between the manufacturer and the consumers.

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers. A trader acts as intermediary between the manufacturer and the consumers.Trade is confined to buying and selling of goods and is a part of commerce, which is wider term that includes trade and aids to trade.

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers. A trader acts as intermediary between the manufacturer and the consumers.Trade is confined to buying and selling of goods and is a part of commerce, which is wider term that includes trade and aids to trade. Trade may be classified in two categories :

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers. A trader acts as intermediary between the manufacturer and the consumers.Trade is confined to buying and selling of goods and is a part of commerce, which is wider term that includes trade and aids to trade. Trade may be classified in two categories :1. Internal Trade

Trade refers to buying and selling of goods. A trader purchases goods from manufacturers and sells them to consumers. A trader acts as intermediary between the manufacturer and the consumers.Trade is confined to buying and selling of goods and is a part of commerce, which is wider term that includes trade and aids to trade. Trade may be classified in two categories :1. Internal Trade2. External Trade.