Question

Describe any four Characteristics of international trade ?​

Answer 1

Answer:

So importing of foreign goods for export purposes is known as entrepot trade. Characteristics of International Trade: (i) Separation of Buyers and Producers: In inland trade producers and buyers are from the same country but in foreign trade they belong to different countries.

Answer 2

Answer:

Characteristics of International Trade: (i) Separation of Buyers and Producers: In inland trade producers and buyers are from the same country but in foreign trade they belong to different countries.

Explanation:

others are-

Territorial specialization: International trade takes place basically due to geographical specialisation

International competition

Separation of sellers from buyers

Long chain of middlemen

Mutually acceptable currency

International rules and regulations..

Government control..

you can write any four.thank you