The purchase of goods from a Foreign Country is called _____.

(a)

Import

(b)

Export

(c)

Entrepot

(d)

Re-export

When goods are Imported for the purpose of Export it is called as _____.

(a)

Foreign Trade

(b)

Home Trade

(c)

Entrepot Trade

(d)

Trade

_____ acts as a connective link between the producer and the consumer.

(a)

Trade

(b)

Industry

(c)

Commerce

(d)

Business

Internal trade can be classified into _____ categories.

(a)

Three

(b)

Four

(c)

Two

(d)

Five

The main aim of trade is to____

(a)

earn profit

(b)

To transfer goods and services

(c)

To serve the society

(d)

None

The carriage of goods in international trade is done by_______-

(a)

Shipping

(b)

Air transport

(c)

Both (a) & (b)

(d)

None

Give the meaning of Trade?

What is International Trade?

How do you classify Trade?

What is Import trade?

Explain the meaning of Entrepot trade.

What is the currency used in India for Internal Trade?

Give two examples of Entrepot trade.

What is Wholesale trade?

Name any three Retail Traders in your locality.

State the main aim of Trade.

What are the features of Internal trade?

Explain the types of Internal Trade