(a) (i) What is internal trade?
(ii) Name four commodities involved in internal trade in Nigeria.
(b) Highlight four factors that encourage internal trade in Nigeria.
(c) Outline three problems limiting internal trade in Nigeria.
(a)(i)Meaning of Internal Trade. The buying and selling or exchange of goods and services within the country.
(ii) Commodities involved in Internal Trade in Nigeria.
(1) Yam, garri, plantain, cassava, fish, beans, tomatoes, cattle, kolanuts, palm oil, millet, rice, etc.
(2) Products from locally made industries e.g. cement, textiles, leather works, plastics, assembled manufactured goods, e.g. cars, motor cycles, etc.
(b) Factors that encourage Internal Trade in Nigeria.
(1) Differences in products between regions.
(2) Government encouragement.
(3) Good transportation network.
(4) Differences in climate between regions.
(5) Fertile soil.
(6) Wide market / demand.
(7) Common currency.
(8) Presence of different minerals in different places.
(9) Differences in local technology e.g. tying and dyeing, etc.
(10) Bank loans / credits e.g. Micro — Finance Banks.
(c) Problems limiting Internal Trade in Nigeria.
— Unfavourable climate leading to low yield
— Similarity of products
— High rate of rural - urban migration
— High level of pests and diseases leading to poor harvest
— Poor transportation network into rural areas of production
— Storage facilities Inter communal strife / political instability
— Smuggling
— Low technology.
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