Enhancing domestic trade

Abstract

Domestic trade is a term used in this analysis to describe a general understanding of diverse activities connected with the transaction of goods and services within national boundaries irrespective of whether the items are of domestic or foreign orign. Such transactions embrace a diversity of activities like production, distribution, pricing and financing. Naturally also, it cuts across a wise spectrum of disciplines. Somehow in most African economies, this important sector has tended to be eclipsed by concentration on international trade in terms of policy orientations. Perhaps, because of the foreign exchange generated by the latter, which goes into the development process.