CBSE BOARD X, asked by parthagarwal9170, 7 months ago

Difference between foreign trade and interaction of markets

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Answered by barkharautela36
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Answer:It is also called international trade, external trade or inter-regional trade. It consists of imports, exports and entrepot. Integration of Markets occurs through foreign trade, when goods from the market in one country travel to the market in another country, thus connecting them.Foreign trade implies the trade of goods, services and capital between two countries of the world. Foreign investment refers to an investment made in a company from a source outside the country. ... Additional investment in the form of capital, technology and other resources.International trade allows countries to specialize in the goods that are relatively ... spatial concepts: place, location, distribution, spatial interaction, spatial scale, change, ... All foreign trade activities should become more and more market-oriented. ... There are three differences between international trade and domestic trade:.

Explanation:mark as brillient

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