Advertisements
Advertisements
Question
State the main aim of trade.
Short Note
Solution
The essence of trade is to make goods and services available to those persons who need them and are able and willing to pay for them. Trade is conducted in order to earn profit.
shaalaa.com
Meaning of Trade
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Give the meaning of Trade?
What is Internal Trade?
When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in?
How do you classify Trade?
TVS is selling motorbikes in Europe. Under which type of trade can this be classified?
What are the features of Internal trade?
Trade between two countries is known as ______ trade.
International trade differs from domestic trade because of ______.
Define international trade.
Discuss the differences between Internal Trade and International Trade.
