5) What does internal trade meani
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Trade refers to buying and selling of goods and services with the objective of earning profit. ... Trade which takes place within a country is called internal trade. Trade between two or more countries, on the other hand, is called external trade.
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You know that the goods produced in a country may be sold within the country or outside the country. When buying and selling of goods and services takes place within the geographical boundaries of a country, it is referred to as internal trade.
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