Question

Select the proper option from the options given below and rewrite the sentence.

Actual buying and selling of goods is known as __________.

(a) profession
(b) trade
(c) industry

Answer 1

Actual buying and selling of goods is known as trade.

Explanation:
Trade refers to the buying and selling of goods and services, i.e. it basically involves the exchange of goods between producers and consumers for some amount of profit. Trade can be classified into two categories: external trade and internal trade.
The correct option is B.