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Date
Distinguish
sh between
between Internal trade and external
trade with points
Answers
Answer:
INTERNAL TRADE:
1. Internal trade is trade that involves buying and selling taking place between two parties which are located within the political and geographical boundaries of a country.
2. Internal trade takes place between the country borders, therefore only one country is involved.
3. Internal trade has less risk as compared to external trade.
4. Internal trade has less restrictions.
EXTERNAL TRADE:
1. External trade is referred to as a trade that involves buying and selling of goods between two parties located in different countries or between two different countries.
2. External trade involves the transactions between two or more countries.
3. External trade will be having more risk which can be due to currency fluctuations, economic state of countries, etc.
4. External trade is subjected to many restrictions as it is between two countries, which involve different laws.
(HOPE IT HELPS. PLS MARK AS BRAINLIEST.)