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COMMERCIAL ACTIVITIES (TRADE) IN NIGERIA

ClassNotes Team 12 MIN READUPDATED 13 JUN 2026

GEOGRAPHY SSS2 SECOND TERM                                 

WEEK 5

COMMERCIAL ACTIVITIES (TRADE) IN NIGERIA

CONTENT

Trade refers to the buying and selling or exchange of goods and services between one region

and another in the same country or between one country and another.  The former is called

internal trade while the latter is called international trade.

FACTORS WHICH FAVOUR INTERNAL TRADE

  1. Differences in products produced in the different regions of the country.
  2. Differences in climate.
  3. Fertile soil.
  4. Wide market.
  5. Common currency. 

Divisions of International Trade

International trade is divided into two groups or types.  These are:

(a)      Import Trade: This trade involves the buying of goods and services from another country into your own country.

(b)     Export Trade: This trade involves the…