Purchase and sale of goods and services in large quantities for the purpose of resale or intermediate use is referred to as ___

Wholesale trade

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Internal trade

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Foreign trade

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International trade

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Solution

The correct option is A
Wholesale trade

Purchase and sale of goods and services in large quantities for the purpose of resale or intermediate use is referred to as wholesale trade.

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Similar questions

Buying and selling of goods and services in large quantities for the purpose of resale or intermediate use by ___ .

An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade.

Wholesale trade refers to?

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