_____ involves the transfer of goods from one place or person to another and involves the exchange of money.

Trade

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

History

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Culture

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Religion

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Trade
Trade involves the transfer of goods from one place or person to another and involves the exchange of money.

Suggest Corrections

Similar questions

Q7. Consider the following statements with respect to Intermediary Trade:

1. Merchant is a Person who transfers good from one place to another without any value addition.

2. Merchanting transaction is one which involves shipment of goods from one foreign country to another foreign country involving an Indian Intermediary.

Which of the above statements are correct?

Q. An economic event that involves transfer of money or money's worth is a/are _______________.

Q. Money flow involves exchange of _____________.

Exchange of human, goods and thoughts from one place to another is called _________________.

Q. Which of the following involves the direct transfer of genetic material from one bacteria to another?

Join BYJU'S Learning Program

_____ involves the transfer of goods from one place or person to another and involves the exchange of money.

The correct option is A TradeTrade involves the transfer of goods from one place or person to another and involves the exchange of money.

The correct option is A Trade
Trade involves the transfer of goods from one place or person to another and involves the exchange of money.