Paper 3 · International Trade
Home trade is made up mainly of
Ainvisible trade in tourism, banking and insurance services
Bthe buying and selling of shares and government stock
Cwholesale and retail trade with the services that assist them
Dvisible exports and visible imports of manufactured goods and raw materials
Explanation: Home trade is the movement of goods from producer to consumer inside one country, which is done by wholesalers and retailers, supported by banking, insurance, transport, warehousing and advertising. Exports and imports belong to foreign trade.
Derived from ZIMSEC Economics 4050/3 Paper 3, June 2023, Q3