3.Internal Trade handle import and
export
O O
True
O False
Answers
Answered by
0
it's true pls
Explanation:
it helps?..
Answered by
0
False. External trade handles import and export.
Explanation:
- Trade is classified as internal trade and external trade based on the area of operations.
- Internal trade takes place within the legal boundaries of a country. It involves buying or selling goods and services within the boundaries of the nation.
- Internal trade also contributes the most to the Gross Domestic Product (GDP) of the country.
- External trade takes place outside the boundaries of a country. It involves buying and selling goods and services across different countries.
- Since import and export take place between a country and different countries and are outside the boundaries of the country, it is a part of external trade. It is not a part of internal trade.
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