GST HANDOUTS

1 100 GST/ GSP HANDOUT NIGERIAN PEOPLE AND CULTURE LECTURE NOTES FOR GST 112: NIGERIAN PEOPLES AND CULTURE

THE CONCEPT OF TRADE

Trade in simple terms refers to the buying and selling of goods. A manufacturer sells his goods to the trader and the trader buys them and further sells them to the consumer. A trader is basically an intermediary between the consumers and the manufacturers.