Complete the sentences.

1) The original form of trade was ……………..
Ans:- The original form of trade was Barter

2) Trade establishes a link between producers and ……………..
Ans:- Trade establishes a link between producers and consumer


3) The wholesaler provides valuable services to manufactures and ……………..
Ans:- The wholesaler provides valuable services to manufactures and retailers

4) The wholesaler purchases a large quantity of goods from the ……………..
Ans:- The wholesaler purchases a large quantity of goods from the manufactures

5) The wholesaler bears the risk of …………….. and market fluctuations.
Ans:- The wholesaler bears the risk of price and market fluctuations

6) The wholesaler provides financial support to retailers by way of …………….. facility.
Ans:- The wholesaler provides financial support to retailers by way of  credit facility 

7) The retailer is the connecting link between the wholesaler and ……………..
Ans:- The retailer is the connecting link between the wholesaler and consumers

8) …………….. is a large retail organization which mainly sells wide variety of food and
grocery items on the basis of ‘self-service’.
Ans:- Super market is a large retail organization which mainly sells wide variety of food and
grocery items on the basis of ‘self-service’.

9) …………….. are retail stores owned by a single organization.
Ans:- Chain stores are retail stores owned by a single organization.

10) The shop where the prices of all products or goods are same is known as ……………..
Ans:- The shop where the prices of all products or goods are same is known as one price shop

11) A modern shopping mall is an …………….. term.
Ans:- A modern shopping mall is an American term.

12) The Letter of Credit is the safest method of payment in …………….. trade.
Ans:- The Letter of Credit is the safest method of payment in export trade