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Question

Name of the following:
(a) The industry in which useful products are obtained from the earth and the sea.
(b) The trade in which goods are imported and exported to some other country.
(c) The branch of commerce which removes the hindrance of time.
(d) Buying and selling of goods in small quantities.

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Solution

(a) Extractive Industry
(b) External trade or International trade
(c) Warehousing or storage
(d) Retailing

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