Question

Retail trade means:
a. Buying and selling in small quantity
b. Buying and selling in large quantity
c. Exporting goods and services
d. Importing goods and services.

Answer 1

Hello friend,

Statement: Retail trade means:

Answer: c. Exporting goods and services

Explanation: Retail trade means when a retail owner provides goods and services directly to their consumers instead of going through a third party. Sometimes these retail stores open up online stores for the customer to cater to the market that cannot come to their stores physically. This can occur in small amounts as well as in larger amount. It can as large as a warehouse.

I hope the answer was satisfactory.

Thanks for asking.