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WorksheetsInternal Trade
Total questions: 11
Worksheet time: 6mins
Trade taking place within the boundaries of a nation is referred to as (a) trade.
The traders who purchase in large quantities and sell in small lots to retailers are called (a) .
The (a) act as an important link between producers and final consumers in the distribution of products and services.
Internal trade is classified into two categories __________ and ________ trade.
(a)
Depatmental stores are generally located at a (a) .
Wholesale trade refers to
a) Exporting goods and services
b) Importing goods and services
c) Buying and selling of goods and services in large quantities
d) Buying and selling of goods and services in small lots
The type of retail business acts as a supplier of a wide variety of products under one roof:
a) Departmental store
b) Chain-store
c) Mail-order house
d) Multiple-shop
Which of the following is not a feature of departmental store
a)24x 7 shopping
b)Wide range of products
c) Large in size
d) Located at a central place
Internal Trade
buying and selling of goods and services within the geographical limits of a country.
The payment are made and received in the home country only.
There are no or very few formalities to be completed by the traders.
All the the above.
Which of the following are not Services provided by Wholesalers (to Retailers and Manufactures).
Large scale production
Home delivery
Risk sharing
Storage
Wholesalers do not provide credit facilities to retailers.
True
False
