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← Commerce notes
Edexcel IGCSE·Commerce·IGCSE Commerce

Trade — Wholesale & Retail

12 min read

Home and foreign trade, and the roles of the wholesaler and retailer.

Trade is the buying and selling of goods, at home and abroad.

Home and foreign trade

  • Home trade: within a country (wholesale and retail).
  • Foreign trade: imports (buying from abroad), exports (selling abroad) and entrepôt (re-exporting).

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