Trade

Trade is the sum of the work done in the process of sending the goods produced in the industry to the actual consumer or user. Commerce is the distributing branch of business. In other words, in the case of business, the task of trade is to distribute the products produced in the industry to the actual consumers or users. There are two types of trade. Namely: Trade or product exchange and trade or product exchange support functions. Two types of trade or exchange of goods. Namely: domestic trade and foreign trade.

**Internal trade

The buying and selling that takes place within the geographical boundaries of a country is called internal trade. There are two types of internal trade. One is wholesale business and the other is retail business.

1.Wholesale business

Buying large quantities of goods from producers or importers and selling them to retailers is called wholesale business.Such traders establish connections between producers and retailers in the case of consumer goods and between producers and industrialists in the case of industrial raw materials.

2.Retail business

A business that collects products from a wholesaler or any other source and sells them to the final consumer or user is called a retailer.With a few exceptions, retail business is a small business organization. Due to its small capital, easy management and location facilities, the city center is located in the remote rural hat-bazaar, neighborhood-mahalla such business is noticeable everywhere.

**Foreign trade

Foreign trade is the act of buying and selling between two countries or between merchants of two countries. There are three types of such trade. Namely: import, export, re-export.

1.Import

Bringing goods from abroad is called import. No country in the world today produces all the products it needs. Just as a country or the people of a country produce some goods for the convenience of production, so they buy or import other goods from abroad.In Bangladesh, we produce a large number of products, including ready-made garments, and export them abroad. Similarly, we have to import various capital equipments and various products from abroad. It is not as easy to import goods from abroad as it is to buy goods from within the country. This requires various formalities. The services of various organizations including banks, insurance, transportation are considered important in this regard.

2.Export

The act of selling goods to a foreign country or to a foreign trader is called export.Exports are either raw materials or manufactured goods. Raw materials are product of the land, such as cotton, timber or rubber. Some raw materials such as iron one come from mines. These raw materials are often exported by the countries that produce them to others countries where they are made into manufactured goods. Some countries produce food for export, for example meat, sugar, or cereals such as wheat and maize. These countries are agricultural countries. An agricultural country needs fertile land and a good climate. A cold, wet climate is not suitable for agriculture. A country which produce manufactured goods is known as an industrialised country. An industrialised country cannot always produce enough food for its own needs. In this case it does not export foodstuffs, of course. It has to import them. It relies on export of manufactured products and pays for imports with the money it earns from the exported goods.

3.Re-export

If a product is imported from abroad and re-exported to another country, it is called re-export. Such business is considered important if the importing country does not have a direct business relationship with the producing country. Since many countries in Europe and the Middle East do not have direct trade relations with Myanmar, Bangladeshi traders often import and sell fish, dried fruits and other products from those countries. Many times the importer re-exports the goods to another country even after setting the level of his country. British traders have been buying tea from Bangladesh and India and packing and leveling it and re-exporting it to different countries of the world for a long time.