Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
How is the Indian Trade or About the Indian Trade? & Analyze Indian Trade
Expert Solution
Introduction
Trade is the exchange of economic goods for monetary and political gains between two parties. It can be between nations, or businesses or people. Humans are trading from very early age from meat and cloths to services today.
Trade helps the nation to boost its economic activities, as it can make income from exports. It can focus on its strengths and create best kind of goods while gaining economies of scale. While it can import products and services which it has no expertise in. Trade lead to the globalization age which today we are in.
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