Business Studies, asked by khushvelaye, 3 months ago

3.Internal Trade handle import and
export
O O
True
O False​

Answers

Answered by marcjacob09estomin
0

it's true pls

Explanation:

it helps?..

Answered by swethassynergy
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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