2. Trade involves the transfer
of goods or services from
one person or entity to
another, often in exchange
for money
Trade can take place within
an economy between
producers and consumers
Barter Trade
3. 1. Internal Trade
2. External Trade
i. Wholesale Trade
ii. Retail Trade
i. Foreign Trade
ii. International Trade
5. Trade is central to ending global
poverty. Countries that are open
to international trade tend to
grow faster, innovate, improve
productivity and provide higher
income and more opportunities
to their people