Business Studies, asked by pgarg964, 5 months ago

define internal trade with different definitions​

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Answered by ItzTwinklingStar
147

Answer:

Internal Trade also known as Domestic Trade is the buying and selling of goods and services within the confines of the international boundaries of a nation. So while import and export are important for the economy of a nation, most of its GDP contribution comes from internal trade.

Explanation:

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.

Answered by sam104641
3

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