KURUKSHETRA UNIVERSITY, KURUKSHETRA

Model e-Lesson Plan (session 2014-15)

Name of Teacher:Subject:- Commerce

Topic:- Trade and its types

Class:Time:- 1 Hours
Date:-

The Students will be able to define Trade.

The Students will be able to under stand kinds of Trade.
The Students will be able to apply the benefit of Trades.
The Students will be able to use deferent types of trading system.

Presentation:Content

Teacher. Activities

Meaning
of Trade

Trade means buying and selling of goods with the purpose of getting profit
(those who perform their activities called traders). Trade can be carried on the
smallest as well as large level.

Ques:- What is the meaning of small scale trade?

For example:- if an individual sells his goods on a hand craft it is small scale
trade.

Ques:- Can you give some other example ?

2

Trade

Home Trade

Local Trade

State Trade

Inter State Trade

Foreign Trade

Import Trade

Entrepot Trade

Export Trade

Types
Trade

Home
Trade

of There are mainly two types of trade

i)Home trade
ii)Foreign trade

When the buying and selling of things take pale with in the national
boundaries it is called Home Trade

Types of Home Trade

Local
Trade

Local trade is limited to some village, town or districts, daily used things
are included in this trade

Ques:- What is the meaning of daily things.?

State Trade
Inter
Trade

When a trader starts trading above the local level and trade on the state
level it is called trade on state level for eg:- Trade of pulser.

State When trade is carried among different states is called inter state trade for
eg:- haryana traders trades with the trader from punjab. This trade
includes sugar, Cloths, Machinery etc.
Ques:- Can you give an example of interstate trade?

Foreign
Trade

When trade cross the national boundaries and reach the foreign land is
known as foreign trade.

Ques:- what is foreign trade?

Types of Foreign Trade
Import
Trade

When the business man of a country buys some goods from the business
man of another country is known as import.
Ques:- Can you give any example?

Export
Trade

When the trader of one country sells something to another country it is

called export trade.
Ques:- What is export trade?

Entreport
Trade

An entrepot is a trading part where merchandise can be imported and

exported without paying import duties often at a profit. To illustrate the
reluctance of ships to travel the entire length of a long.
Trading route made them more willing to sell to an entreport them sell
goods at a higher price to ships travelling the other segment of the route.

Recapitulation:Ques:- What do you mean by trade?

Ques:- What is foreign trade?
Ques:- What is local level of trade?
Ques:- What is foreign trade? Write in brief?
Ques:- What is home trade? Explain?
_____

References:1. V.B. Jugle, World Trade organization and Indian Economic

Reforms , Serials publication, New Delhi, Volume-1, 2005 (First
Published), Cl. No. X:5.1, Acc. No. 325716
2. Per Kageson, Growth Versus the Environment : Is there a
Trade-off?, Kluwer Academic Publisher DORDRECHT/ BOSTON/
LONDON, Volume- 14, 1998, Cl. No. X: (Y : 7 : 7), Acc. No.
355611.
3. Partick Mcanally, The Economics of the Distributive Trades,
George Allen & unwin LTD, London, Ruskin House Museum Street,
First Published in 1971, Col. No. X5V, Acc. No. 109859.
4. W.W. Syrett, Finance of Versea Trade, M.B.E. Pitman
Publishing Great Britain, Fiftn Edition, 1971, Col. No. X 555: 8
D, Acc. No. 152518.