General trade
What is trade?
Buying and selling products or services
What kind of trade takes place within a country?
Domestic trade
What is it called when countries sell products to other countries
International or foreign trade
What types of servies does the clothes industry require today?
transport, advertizing, and design
What is e-commerce?
Buying and selling products and services on the internet
In the past, what happened intead of using money?
Goods were exchanged
What are two categories of domestic trade?
wholesale and retail trade
Since 1945, what have been created have been created in order to facilitate international trade?
trade blocs
What is Intidex made up of?
Zara, Pull & Bear, Massimo Dutti, Bershka, Stratavaruis, Oysho, Zara Home and Uterqüe
What are the most common procuts bought online?
transport tickets, tickets for shows and concerts, hotels, techonolgy, clothes, video games, books, music..
What does trade rely on for products to reach consumers?
transport networks
What does retail include?
Family business, markets, supermarkets, department stores, shopping centers and franchises.
What countires are part of the trade bloc NAFTA?
Canada, United States and Mexico
How many markets via how many shops does Inditex sell clothes to?
202 markets and via more than 7000 shops
What is e-commerce generally based on?
commercial relationships between business and consumers.
Whats it called when things are sold in large quantities from one busniess to another?
Wholesale
What is one of the most important avtivies in domestic trade?
the sale of basic necessities such as food.
What is a trade bloc?
An agreement between countires to reduce or elimate barries to trade
What is a brand?
Products made by a specific compony with a specific and well known name.
What other kind of realtionships for e-commerce exist?
Relationships between consumers and consumers, such as Wallapop and BlaBla car.
What is the sale of products to consumers called?
Retial
What is an agreement through which a company sells another company's products or services?
franchise
What is the biggest major import flow?
China to the United States
What must compnies do in responce to an increase in e-commerce?
They must focus on the online market to remain competitive