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Presentation:-
Content Teacher. Activities
Meaning Trade means buying and selling of goods with the purpose of getting profit
of Trade (those who perform their activities called traders). Trade can be carried on the
smallest as well as large level.
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Trade
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Types of There are mainly two types of trade
Trade i) Home trade
ii) Foreign trade
Home When the buying and selling of things take pale with in the national
Trade boundaries it is called Home Trade
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Ques:- what is foreign trade?
Types of Foreign Trade
Import When the business man of a country buys some goods from the business
Trade man of another country is known as import.
Ques:- Can you give any example?
Export When the trader of one country sells something to another country it is
Trade called export trade.
Ques:- What is export trade?
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Entreport An entrepot is a trading part where merchandise can be imported and
Trade exported without paying import duties often at a profit. To illustrate the
reluctance of ships to travel the entire length of a long.
Trading route made them more willing to sell to an entreport them sell
goods at a higher price to ships travelling the other segment of the route.
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Recapitulation:-
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References:-
1. V.B. Jugle, “World Trade organization and Indian Economic
Reforms” , Serials publication, New Delhi, Volume-1, 2005 (First
Published), Cl. No. – X:5.1, Acc. No. – 325716