Internal trade
Trade refers to buying and selling of goods and services in exchange for money. Trade is of two types-internal and external. Internal trade means buying and selling of goods and services within a country.
Internal trade is of two types: (a) wholesale trade; and (b) retail trade.
Some of the important features of internal trade are as under:
Generally, the movement of goods from one place to another is unrestricted.
Various modes of transport are available for the transport of goods.
All payments are made in the nation currency.
Most of the producers do not sell their goods directly to the consumes or final users. They depend upon middle men o intermediaries. Wholesalers and retailers are two such intermediaries in internal trade.