Fiscal Policy. Fiscal Policy refers to the use of the spending levels and tax rates to influence the economy. It is the sister strategy to monetary policy which deals with the central bankâs influence over a nationâs money supply. The governing bodies use combinations of both these policies to achieve the desired economic goals.
Definition of carriage trade. : trade from well-to-do or upper-class people; also : well-to-do people.
1. Internal Trade. Internal trade is also known as Home trade. It is conducted within the political and geographical boundaries of a country. It can be at local level, regional level or national level. Hence trade carried on among traders of Delhi, Mumbai, etc. is called home trade. Internal trade can be further sub-divided into two groups, viz., 1  Wholesale Trade: It involves buying in large quantities from producers or manufacturers and selling in lots to retailers for resale to consumers. 2  The wholesaler is a link between manufacturer and retailer.