Mastering Internal Trade
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Questions and Answers

What is wholesale trade?

  • Trade in which goods are sold in large quantities (correct)
  • Trade in which goods are sold within a state
  • Trade in which goods are sold in small quantities
  • Trade in which goods are sold internationally

What are the main features of internal trade?

  • Buying and selling of goods and services within a state
  • Buying and selling of goods and services within a country (correct)
  • Buying and selling of goods and services internationally
  • Buying and selling of goods and services within a city

Which of the following best defines internal trade?

  • Buying and selling of goods and services within a state
  • Buying and selling of goods and services internationally
  • Buying and selling of goods and services within a city
  • Buying and selling of goods and services within a country (correct)

What are the services provided by a wholesaler to a manufacturer and retailer?

<p>Facilitating large scale production, bearing risk, financial assistance, expert advice, help in marketing function, facilitate production continuity, storage (A)</p> Signup and view all the answers

How can internal trade be classified?

<p>Wholesale trade and retail trade (C)</p> Signup and view all the answers

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