Geography, asked by lucasriyaadh, 11 months ago

outline the concept of informal trading as opposed to formal trading

Answers

Answered by alinakincsem
12

Answer:

The main concepts of informal trading with that in opposing views to  formal trading is that informal trading can be identified as occasional trading.

INFORMAL TRADING:

1-This type of trading does not happen on daily basis. It happens occasionally.

2-It features include having no boundaries.

3-The responses by buyers are also seasonal ( as in occasional when thee end up responding to a move/action done on the markets part)

FORMAL TRADING:

1- Its restricted by boundaries for the entry and exit in markets.

2-There is a daily risk factor during trade.

3-You can decide which factors for determinants for market entry and exit you want to choose.

4-Predicted market, you can decide beforehand for what to do, what rules to make, which direction to head in.

Answered by bratislava
1

The informal and formal trading concept.

Explanation:

  • Formal trading is the trading on the basis of the scientific parameters. It takes into account the strengths and management of the company. Creating a past, present, and future performance.
  • While informal trading is to present the trend of share market factors that affect the market and may consider as an occasional trade.
  • Whereas formal trade involves the risk parameters and size of the trade.

Learn more about the concept of informal trading as opposed to formal trading.

  • brainly.in/question/11842587 answered by Alinakincsem.
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