The document discusses the importance of commercial activity and trade within the Ecuadorian economy. It notes that 17% of Ecuador's active working population is employed in commercial activities and that trade is necessary to transfer products from producers to consumers. It also discusses the expansion of large supermarkets throughout Latin America, including Ecuador, and how this has displaced small family businesses. Finally, it outlines how foreign trade, particularly oil exports, has been fundamental to Ecuador's economic development but that the country remains heavily reliant on imports.
The document discusses the importance of commercial activity and trade within the Ecuadorian economy. It notes that 17% of Ecuador's active working population is employed in commercial activities and that trade is necessary to transfer products from producers to consumers. It also discusses the expansion of large supermarkets throughout Latin America, including Ecuador, and how this has displaced small family businesses. Finally, it outlines how foreign trade, particularly oil exports, has been fundamental to Ecuador's economic development but that the country remains heavily reliant on imports.
The document discusses the importance of commercial activity and trade within the Ecuadorian economy. It notes that 17% of Ecuador's active working population is employed in commercial activities and that trade is necessary to transfer products from producers to consumers. It also discusses the expansion of large supermarkets throughout Latin America, including Ecuador, and how this has displaced small family businesses. Finally, it outlines how foreign trade, particularly oil exports, has been fundamental to Ecuador's economic development but that the country remains heavily reliant on imports.
The document discusses the importance of commercial activity and trade within the Ecuadorian economy. It notes that 17% of Ecuador's active working population is employed in commercial activities and that trade is necessary to transfer products from producers to consumers. It also discusses the expansion of large supermarkets throughout Latin America, including Ecuador, and how this has displaced small family businesses. Finally, it outlines how foreign trade, particularly oil exports, has been fundamental to Ecuador's economic development but that the country remains heavily reliant on imports.
The commercial activity is very important because it is
complementary to the production. The products must be
transferred to the market in order to be sold and acquired by the consumer. All the goods or articles that the national TRADE IN THE ECONOMY economy can produce, in factories and companies, agricultural and livestock units, require trade and, therefore, be sold in the market, where there is supply and demand for those products. According to the last census of the year 2010, the commercial activities absorbed 800 thousand people, who constitute 17% of the active and working population of the country .
An important example of what is happening in the retail trade,
and that combines thesale of appliances with food and other consumer goods, is the great expansion ofsupermarkets and Due to the lack of sources of employment or fixed jobs, many shopping centers in large cities and medium-sized cities people have opted for small street sales as the only means to acrossthe country. The chains of large supermarkets are EXPANSION OF SUPERMARKETS OWN BUSINESS earn a living or to supplement family income. displacing small familybusinesses. These large commercial companies have organized smaller chains andhave even THE COMMERCIAL ACTIVITY Most people engaged in business in more than 10 employees are located in retail trade. Then, 39% of the total of reached the area of the neighborhood. This is a phenomenon employees of the commerce sector belongs to the wholesale that hasoccurred with great intensity throughout Latin trade, that is, to the sale of large quantities of merchandise. America, where it is common to seethe influence of large transnational firms from European countries that operate inlarge countries. In Ecuador it is a more recent event.
Export trade to the external market has been fundamental for
the development ofthe national economy. Currently, oil exports are the most important. The foreigntrade of bananas, shrimps, cocoa, flowers and tropical fruits is remarkable.Progressively, the country is diversifying its Trade is concentrated, above all, in the provinces of exports to other regions and countriesof the world, especially Pichincha and Guayas, becausethere are the largest the neighboring and Latin American countries.Imports of economic activity and the largest cities in Ecuador: Quito goods come from the United States, the European Union, FOREIGN TRADE CONCENTRATION OF TRADE andGuayaquil. In the two provinces is the 77% of the total Asian countries,Japan and China. Countries that are commercial establishments. suppliers of consumer goods, lubricants andfuels, raw material for the nationalindustry and machinery. Ecuadoris heavily dependent on theseimports. This is an important causeof the decapitalization of thenational economy.