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Preview questions
1. What is internal trade?
Trade within a country · Trade between countries · Trade in services only · Trade in goods only
2. Which of the following is a feature of internal trade?
Involves customs duties · No restrictions on movement · Involves international currencies · Requires export licenses
3. What is the primary purpose of retail trade?
To sell goods to wholesalers · To sell goods directly to consumers · To import goods from abroad · To manufacture goods
4. Which type of internal trade involves selling goods in bulk?
Retail trade · Wholesale trade · Online trade · Direct trade
5. What is a common characteristic of a wholesaler?
Sells directly to consumers · Buys in large quantities · Operates in multiple countries · Offers credit only to consumers
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