SS1 Commerce

Buying and selling of goods and services is

• Trade

• Occupation

• Production

• Commercial

The buying of goods in small quantities from the producer is?

• Retail trade

• Wholesale trade

• Foreign trade

• Multilateral trade

Home trade is divided into;

• Retail and wholesale

• Foreign and local

• Local and export

• Export and import

Re-exportation of already imported goods is?

• Import

• Export

• Entryport

• Counter trade

Foreing trade is not one of the these;

• Import

• Export

• Entryport

• Heavyport

Trade between two countries is called

• Bilateral trade

• Multilateral trade

• Duolateral trade

• Open ended trade

Which is not aid to trade

• Production

• Tourism

• Transportation

• Communication

The movement of goods on foot is?

• Mobile shop

• Foot trading

• Hawking

• Footworking

One man business is also called;

• Parnership

• One manship

• Sole proprietorship

• Sole commerce

Which is not a feature of one man business

• Limited liability

• Quick decision

• Privacy

• Little capital