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INTERNAL TRADE :-
Trade within the boundaries of a country. For e.g. Trade within India means buying and selling of goods within India.
Types of Internal Trade :-
On the basis of relationship :-
1. Direct Trade:-
It is often been observed that there are certain mediators in internal trade. For e.g. the producer sells the goods to wholesaler, the wholesaler sells goods to retailer and from there goods reach the consumers.
2. Indirect Trade:-
In the Indirect trade a producer takes the help of mediators in order to get his goods to the consumers. There are three methods of Indirect Trade:-
1. Through wholesalers
2. Through Retailers
3. Through Agents
On the basis of levels:-
1. Local level Trade:-
It remains confined to some villages or district. This trade usually deals in primarily the goods of daily use and goods of perishable nature. They include fresh fruits, milk,sweet,etc.
2 . State level Trade:-
A trade that is carried on in various districts of a state is known as state level trade.
3. National level Trade:-
A trade that is carried on in various states of a country is called national level trade.
On the basis of Quantity:-
1. Wholesale Trade:-
A wholesale trader purchases goods in huge quantity from the producer and sell them to retailer in small quantities.It is the link between the producer or manufacturer and the retailer. The wholesale trader purchases goods in huge quantity from the producer or the manufacturer and then he sells them in small quantities to the retailer.
2. Retail Trade:-
A retailer purchases different kinds of goods from different wholesale traders. He sell these goods in small quantities to meet the demand of consumer.It is the last link of business middlemen. Under this the goods are purchased from the wholesale trader and sold in small quantities to the consumers. A person who sells goods in this way according to the need of the consumers is called a retail trade.
Trade within the boundaries of a country. For e.g. Trade within India means buying and selling of goods within India.
Types of Internal Trade :-
On the basis of relationship :-
1. Direct Trade:-
It is often been observed that there are certain mediators in internal trade. For e.g. the producer sells the goods to wholesaler, the wholesaler sells goods to retailer and from there goods reach the consumers.
2. Indirect Trade:-
In the Indirect trade a producer takes the help of mediators in order to get his goods to the consumers. There are three methods of Indirect Trade:-
1. Through wholesalers
2. Through Retailers
3. Through Agents
On the basis of levels:-
1. Local level Trade:-
It remains confined to some villages or district. This trade usually deals in primarily the goods of daily use and goods of perishable nature. They include fresh fruits, milk,sweet,etc.
2 . State level Trade:-
A trade that is carried on in various districts of a state is known as state level trade.
3. National level Trade:-
A trade that is carried on in various states of a country is called national level trade.
On the basis of Quantity:-
1. Wholesale Trade:-
A wholesale trader purchases goods in huge quantity from the producer and sell them to retailer in small quantities.It is the link between the producer or manufacturer and the retailer. The wholesale trader purchases goods in huge quantity from the producer or the manufacturer and then he sells them in small quantities to the retailer.
2. Retail Trade:-
A retailer purchases different kinds of goods from different wholesale traders. He sell these goods in small quantities to meet the demand of consumer.It is the last link of business middlemen. Under this the goods are purchased from the wholesale trader and sold in small quantities to the consumers. A person who sells goods in this way according to the need of the consumers is called a retail trade.
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