Process of Trade
Trending Questions
Q. When a trader buys goods from another trader and sells it directly to a consumer, what is it called?
- Wholesale trade
- Retail trade
- Domestic trade
- International trade
Q. Match the trade chain elements with their functions.
- Buys goods in bulk
- Produces goods
- Buys small amounts
- Final buyer
Q. Which of the following activites is not associated with a retailer?
- Assorting goods
- Buying in bulk from the manufacturer
- Home delivery
- Packing and display
