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Exposé

The document provides an overview of trade, defining it as the exchange of goods and services aimed at profit. It discusses the main branches of trade (interior and foreign), categories (wholesale and retail), and highlights its importance in economic growth, job creation, and cultural exchange. The conclusion emphasizes the need for fair and sustainable trade practices to ensure shared benefits and resource preservation.

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0 views

Exposé

The document provides an overview of trade, defining it as the exchange of goods and services aimed at profit. It discusses the main branches of trade (interior and foreign), categories (wholesale and retail), and highlights its importance in economic growth, job creation, and cultural exchange. The conclusion emphasizes the need for fair and sustainable trade practices to ensure shared benefits and resource preservation.

Uploaded by

linelekanga
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ECOLE AFRICAINE DE DEVELOPPEMENT

EAD

ENGLISH PRESENTATION

Accounting

TOPIC: TRADE

1. KOTAOU Loïk Franck Serge


2. LEKANGA Magnongui Gelicia
Daverline
3. OBEMBO Tracy Siméonne
4. OBAMBI Sara Franchesca
5. LOUBOUILOU Berjea Edvie
6. EPAH Chady Héber
7. EKOUNDA Lecas Prince De Kevin
8. GUISSE Amadou Apsatou Helena
9. NGUEMBO Kombo Chris Sagesse
I. INTRODUCTION

Trade is defined as the main activity of exchanging goods and services with the
aim of making a profit. This exchange involves the movement of products from
the place of production to that of consumption.

It covers all transaction between individuals, between organizations or between


individuals and organizations. It completes the production activity by serving to
remunerate the provision of a good and service, essentially through the use of
money. In this document we will talk about, the branches of trade, the
categories of trade, the importance of trade, the fundamental objectives of
trade, role and the auxiliaries of trade.

II. DEVELOPPEMENT

Trade is the activity of buying, selling and exchanging goods or services


between people, firms or counties.

1- THE MAIN BRANCHES OF TRADE


 INTERIOR TRADE: This refers to the exchange of goods and services
within the borders of a single country. It involves buying and selling between
individuals, businesses, and organization that are all based in the same country.
 FOREIGN TRADE: This refers to the exchange of goods and services
between different countries. It involves importing and exporting products
across national borders. Foreign trade allows countries to access resource,
products, or service that are not readily available in their own market.
2- THE CATEGORIES OF TRADE
 THE WHOLESALE: A wholesaler is a business or individual who buys
goods in large quantities directly from manufactures and sells them in bulk to
retailers or other businesses, rather than to consumers. They usually sell
products at lower prices compared to retailers.
 THE RETAILER: A retailer is a business or individual who sells goods
directly to consumers in smaller quantities.

III. THE IMPORTANCE OF TRADE

Trade plays an essential role in the economic, social, and cultural development
of societies. It enables the exchange of goods and services, which promotes
economic growth and creates jobs. International trade, in particular, opens up
global markets and stimulates innovation. On a social level, it encourages
products diversity and competitiveness, which benefits consumers. Finally,
trade strengthens relationships between countries and contributes to the
dissemination of knowledge and cultures.

IV. THE FUNDAMENTAL OBJECTIVES OF TRADE

Commerce has several essential purposes, which can be summarized as follows:

 Satisfaction of needs and wants: Commerce helps meet the needs and wants
of consumers by offering them a variety of products and services.
 Stimulation of innovation: By creating demand for new products, trade
encourages companies to innovate and improve their offerings.
 Economic growth: Tade drives production, job creation and investment,
thereby contributing to economic growth.
 Establishing international links: International trade helps develop economic
relations between countries, promoting cooperation and global development.
 Resource optimization: By allowing regions to specialize in the production of
goods for which they are most efficient, trade optimizes the use of global
resources.
V. THE ROLE OF TRADE

Trade is essential for several reasons:

 Economic growth: It stimulates production, creates jobs, and increases


incomes.
 Poverty reduction: It offers new opportunities and provides access to a wider
variety of goods and service.
 Innovation: Competition drives innovation and product improvement.
 International relations: it strengthens ties between countries and promotes
cooperation.
 Specialization: Countries can focus on what thy do best, increasing their
efficiency.

VI. THE AUXILIAIRES OF TRADE

The main auxiliaries of trade are

 TRANSPORT: Transportation is the activity which consists in moving goods


from the place of products to their place of consumption.
 INSURABCE: Insurance covers possible risks, the insurer pays an indemnity.
 BANKING: Banks provide to meet the meds of industry and trade.
 WAREHOUSING: Warehousing provides storage for goods a ware house is a
large building used to store.
 ADVERTISING: Advertising is used to make the goods know to the public.

The impact of home trade is an engine of growth: It creates better quality jobs,
reduces poverty and opens up economic prospects.

VII. CONCLUSION
In conclusion, trade is an essential pillar of the global economy, fostering
growth and development.

It not only meets the needs of consumers but also stimulates innovation and
competitiveness.

However, it is important to ensure that trade is fair and sustainable, to ensure


that its benefits are shared by all and that natural resources are preserved for
future generations. Trade, when properly regulated and inclusive, can be a
powerful engine of prosperity and progress for humanity.

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