Trade india

                                                                 
                                           Trade 

Trade The term trade is used for buying

and selling. Trade is exchanging goods for

money and sometimes in a barter deal it

is exchanging goods for goods. When you

buy a pen, you exchange money for a

pen, but you are not engaged in trade as

you are buying the pen tor your personal

use. But when a shop-keeper buys goods

from a wholesaler or a manufacturer to

sell to other people, he is engaged in

trade.

The retailer is the last link in the

chain of distribution before the product

reaches the consumer the person who

uses it. The other part of trade, wholesale

trade, means buying goods from manufacturer

in large quantities and selling them

to retailers. Some manufacturers may sell

their products direct to retailers or to

consumers.

The retailer may perform a useful

functioning the community by holding

stocks, selling goods in small amounts,

and meeting the irregular demands of his

customers. The organization in the retail

trade may be a large department store

selling a wide range of goods or a small

corner grocery store catering for the

individual needs of the local 

neighborhood

The wholesaler buys and stores goods

in large quantities. He usually deals in

one type of goods, such as furniture or

electrical goods. Some large wholesalers

organized on a national basis - that it,

supplying the type of goods they deal in

throughout the country - may be able to

buy the whole of a manufacturer's output.

Such a wholesaler is sometimes called a

sole agent.

Domestic trade is a term used for

buying and selling goods produced and

consumed within a country. But when

goods are sold overseas it is called inter-

national trade. This allows people to buy

a variety of goods from various countries

of the world. The goods that a country

sells to another are called exports, and

those that a country buys from other

countries are called imports.

Few countries in the world today

are self-sufficient.Almost all

countries rely on imports from

other countries. The industrialized

countries export manufactured goods,

but usually have to rely on other countries for

their raw materials. By importing goods, a

country is able to obtain products that it

cannot produce for itself. Sometimes a

country may find that it can obtain certain

goods more cheaply from other countries

than it would cost to produce them itself.