economy

definition of domestic trade

In our language we call as Commerce To that economic activity that is developed freely at the behest of the buying and selling market and that involves the exchange of raw materials, materials, products, services between individuals or companies, either to consume, sell or transform them into other products, among other alternatives.

Generally, this exchange involves the delivery of a fixed value in exchange for the material or product in question.

Meanwhile, it is called businessman to the individual who is professionally engaged in the activity of commerce.

Then, from the foregoing it follows that trade is an occupation from which both the businessman and the country in which he resides obtain economic benefits from it.

Meanwhile, there are various types of commerce and one of them is precisely the concept that concerns us, the domestic trade. This type of trade will be one that It is carried out between entrepreneurs, merchants, who reside in the same country and who therefore use the same jurisprudence in commercial matters.

Within the internal trade we can find a type of internal trade that is carried out at a local level, that is, it is the one maintained by the merchants who carry out the activity in the same locality; and on the other hand we can come across national internal trade, that is, one in which a merchant from a province located in the north of a nation sells to another peer or consumer who resides in a province in the south of the country.

It should be noted that domestic trade is the opposed to international or foreign trade, which is characterized, on the contrary, by the commercial exchange of goods or services between countries or between companies or individuals who do not reside in the same geographic location.

Trade is an activity that man has been developing since ancient times, in the stage Neolithic began to be present among human beings when they began to have surplus goods and at the same time they began to need others that they did not have and that a neighbor did possess, and then barter or exchange took place.

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