Question

Difference
between National and international trade

Answer 1

National trade refers to trade between regions within a country.

International trade on the other hand, is trade between two nations or countries.

Parmeet singh

8 class

Answer 2

Difference between National and international trade:

• International trade between countries is a key component in boosting living standards, creating jobs, and allowing customers to enjoy a wider range of products.
• International trade has existed since the dawn of civilization, but it has become increasingly vital in recent years, with exports and imports accounting for a higher part of GDP.
• When business is conducted within a country's borders, it is known as national trade.