what is meaning of wholesale trade
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Wholesale trade is concerned with buying goods from manufacturers or dealers or producers in large quantities and selling them in smaller quantities to others who may be retailers or even consumers. ... Retail trade is concerned with the sale of goods in small quantities to consumers.
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- Wholesale trade refers to buying and selling of goods and services in large quantities for the purpose of resale or intermediate use.
- Wholesalers serve as an important link between manufactures and retailers.
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