define internal trade and international trade
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International trade is the exchange of capital, goods, and services across internationalborders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP).
Such exchange is termed as “External Trade”. It is also known as Foreign Trade or International Trade. When buying and selling of goods take place across the national boundaries of different countries it is called External trade. It is also known as Foreign trade or International trade. 23.2 TYPES OF EXTERNAL TRADE.
Such exchange is termed as “External Trade”. It is also known as Foreign Trade or International Trade. When buying and selling of goods take place across the national boundaries of different countries it is called External trade. It is also known as Foreign trade or International trade. 23.2 TYPES OF EXTERNAL TRADE.
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internal trade is within the country and international trade is outside the counitary
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