Home Trade
HOME TRADE
Home Trade is the act of buying and selling of goods within a geographical area, usually a country. It can be referred to as domestic or internal trade. In home trade, the same currency is using for exchange (buying and selliing) within a country e.g Nigeria.
Home trade is a branch of Commerce which comprises Wholesaling and retailing.
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RETAIL TRADE
Retail trade is the business activity of selling goods and services to the final consumer. Retailing is the final Link in the chain of Distribution of goods and services. To be classified as retailing, selling activities must be directed to the ultimate consumer. All retailer are involved in assisting the physical movement of goods and services to the commonest of Home trade. Retailing out the number combine total of the other two major business activities manufacturing and wholesaling.
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