Question

Difference between domestic sales and export sales

Answer 1

Answer:

Explanation:

Domestic sales : goods that are produced within the national boundaries of a country and are sold within that country. For example - goods produced in India and sold in india.

Export sales : goods that are produced within the national boundaries of a country but is sold to foreign countries. For example - goods made in india but sold in America.

In domestic sales goods are traded in domestic currency whereas in export sales, the country that produces the goods recieves the payment in foreign currency.