Q.Choose the odd one out.

Trade is internal or external. Import, export and entrepot trade are all external (foreign) trade, but wholesale trade is internal trade, so it is the odd one out.

Trade is broadly classified as:

• Internal (home) trade — buying and selling within a country; it is subdivided into wholesale trade and retail trade.
• External (foreign) trade — trade across national boundaries; it includes import trade, export trade and entrepot trade (re-export of imported goods). …