
Internal Trade Quiz
Quiz
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
Monika Arya
FREE Resource
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is retail trade?
Retail trade is the exchange of goods between businesses
Retail trade refers to the sale of goods or services to consumers for their personal use.
Retail trade refers to the transportation of goods from one place to another
Retail trade involves the production of goods for sale
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is wholesale trade?
Wholesale trade refers to the sale of goods or merchandise to retailers, industrial, commercial, institutional, or other professional business users, or to other wholesalers, and related subordinated services.
Wholesale trade is limited to online sales only
Wholesale trade only involves selling to other wholesalers
Wholesale trade is the sale of goods directly to consumers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of trade involves selling products to individual customers?
Export trade
Retail trade
Wholesale trade
Import trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of trade involves selling products in bulk to businesses?
Consumer trade
Retail trade
Wholesale trade
Online trade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the typical customers of retail trade?
Large corporations
Government agencies
Non-profit organizations
Individual consumers and households
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the typical customers of wholesale trade?
Manufacturers
Individual consumers
Service providers
Retailers, resellers, and other businesses that need bulk quantities of products.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of trade usually involves higher prices per unit?
Luxury or premium goods
Generic or low-quality goods
Bulk or wholesale goods
Second-hand or used goods
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