What do you mean by import trade What do you mean by retail trades
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Explanation:
Retail trade is defined in the International Standard Industrial Classification (ISIC) as the re-sale (sale without transformation) of new and used goods to the general public, for personal or household consumption or utilisation
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Answer:
When goods and services are bought into one country from another country it's called import trade.
The process of selling goods through a multiple channels of distribution (from manufacturer, to wholesaler , to retailer and then costumers) is called retail trade
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