Question

Q.4. What do you mean by trade? Explain the different kinds of trade ?
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Answer 1

Answer:

Trade refers to buying and selling of goods and services . It involves transfer or exchange of goods and services for money . The types of trades - internal trade and external trade.

1) internal trade - buying and selling of goods and services within the boundaries of a nation.

2) external trade - buying and selling of goods across the national boundaries or different countries.

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Answer 2

Answer:

Trade means Ex A people can gone in another village then he meets a person and tell him what you can give me with what thing then the man said I will give you a bed for some old things.

Trades are of two types one is online trade where you can trade with your smartphone. And that which I have given in the example.

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