
Understanding Internal Trade
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Mrudula Roy
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does trade refer to?
Buying and selling of goods and services for earning profit.
Only selling of goods.
Only buying of services.
None of the above.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is internal trade also known as?
Home Trade
International Trade
Wholesale Trade
Retail Trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What currency is used in internal trade?
National currency
Foreign currency
Cryptocurrency
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two categories of internal trade?
Wholesale Trade and Retail Trade
Domestic Trade and International Trade
Online Trade and Offline Trade
None of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a wholesaler do?
Sells goods in large quantities
Sells goods directly to consumers
Manufactures goods
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the services provided by wholesalers to manufacturers?
Facilitating large scale production
Direct selling to consumers
Advertising
None of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the last link in the distribution chain?
Retail Trade
Wholesale Trade
Manufacturing
None of the above
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