Commerce Exam > Commerce Notes > Business Studies (BST) Class 11 > PPT - Internal Trade
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Page 1 Internal Trade Page 2 Internal Trade Trade : Trade refers to buying and selling of goods for earning profit. Internal : Any thing which have certain limits. Page 3 Internal Trade Trade : Trade refers to buying and selling of goods for earning profit. Internal : Any thing which have certain limits. Introduction : On the basis of geographical location of buyers and sellers trade can be classified i.e. ? Internal Trade ? External Trade Page 4 Internal Trade Trade : Trade refers to buying and selling of goods for earning profit. Internal : Any thing which have certain limits. Introduction : On the basis of geographical location of buyers and sellers trade can be classified i.e. ? Internal Trade ? External Trade Internal Trade : Buying and selling of goods and services with in the boundaries of a nation are referred as internal trade (or) Domestic Trade (or) National Business (or) Home Trade. External Trade : The business activities take place across the geographical boundaries is called External (or) International Trade. Page 5 Internal Trade Trade : Trade refers to buying and selling of goods for earning profit. Internal : Any thing which have certain limits. Introduction : On the basis of geographical location of buyers and sellers trade can be classified i.e. ? Internal Trade ? External Trade Internal Trade : Buying and selling of goods and services with in the boundaries of a nation are referred as internal trade (or) Domestic Trade (or) National Business (or) Home Trade. External Trade : The business activities take place across the geographical boundaries is called External (or) International Trade. Internal Trade Wholesale Trade Retail Trade Itinerant Retailers Fixed Shop Retailers Peddlers Hawkers Market Traders Street Traders Cheap Jacks ARead More
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FAQs on PPT - Internal Trade - Business Studies (BST) Class 11 - Commerce
| 1. What is internal trade commerce? |  |
Ans. Internal trade commerce refers to the buying and selling of goods and services within a country's borders. It involves the exchange of goods and services between individuals, businesses, or government entities within the same country.
| 2. What are the benefits of internal trade commerce? | |
Ans. Internal trade commerce offers several benefits, including the stimulation of economic growth, job creation, improved efficiency in resource allocation, increased competition, and access to a wider variety of goods and services for consumers.
| 3. How does internal trade commerce contribute to the economy? | |
Ans. Internal trade commerce plays a vital role in boosting a country's economy. It generates revenue, creates employment opportunities, encourages investment and innovation, and contributes to the overall economic development by facilitating the movement of goods and services within the country.
| 4. What are the different types of internal trade commerce? | |
Ans. Internal trade commerce can be classified into two main types: wholesale trade and retail trade. Wholesale trade involves the sale of goods in large quantities to retailers, businesses, or institutional buyers. Retail trade, on the other hand, involves the sale of goods directly to consumers in smaller quantities.
| 5. How does internal trade commerce impact the prices of goods and services? | |
Ans. Internal trade commerce affects the prices of goods and services through various factors such as supply and demand, competition, transportation costs, taxes, and government regulations. Efficient internal trade systems can help in reducing costs and ensuring competitive prices for consumers.
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Document Description: PPT - Internal Trade for Commerce 2024 is part of Business Studies (BST) Class 11 preparation.
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