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What is retail trade?

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Question

What is retail trade?

Options

  • The sale of goods in large quantities by wholesalers.

  • The sale of goods in small quantities directly to final consumers.

  • The sale of goods is only through online platforms.

  • The sale of goods between manufacturers.

MCQ
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Solution

The sale of goods in small quantities directly to final consumers.

Explanation:

Retail trade involves selling goods in small quantities directly to end consumers for personal use, not for resale or business purposes.

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