The two main branches of trade are home trade and foreign trade.
Home trade, also known as domestic trade, involves the buying and selling of goods and services within a country's borders. This can include wholesale trade, where goods are sold in large quantities to retailers or other businesses, and retail trade, where goods are sold to individual consumers.
Foreign trade, also known as international trade, involves the buying and selling of goods and services between countries. This can include exporting goods and services produced within a country to other countries, as well as importing goods and services produced in other countries for use within a country. Foreign trade can be further divided into exports, where goods and services are sold to other countries, and imports, where goods and services are purchased from other countries.
Both home trade and foreign trade are important for the economic development of a country. Home trade supports the growth of domestic industries and ensures that goods and services are available to consumers within a country. Foreign trade, on the other hand, allows countries to access goods and services that are not available domestically, and can also provide opportunities for export and increased economic growth.