Home Trade:

Home trade consists of buying and selling goods within the boundaries of a country. Payments for such sale are made in national currency directly or through banks and the internal transportation system is utilized for the movement of goods . It may be further sub-divided into wholesale and retail trade . Wholesale Trade consists in buying in lots from producers and then selling them to the large number of retailers. It serves as a link between the producers and the retailers. Retail Trade on the other hand, involves purchase of goods from the wholesaler or the producer directly and sale those goods to the large number of consumers in small lots. Hence, it is the final stage of distribution.