Social Sciences, asked by shivam6865, 1 year ago

differentiate between international and local trade

Answers

Answered by harpreet3634
0
about international trade in international trade we get communicated to different countries we start trading with two or more than two countries now local trade local tradelocal train the tradition occurs between two small villages and different villages in which there is a small trading system thank you may help you
Answered by ayazakbar
0

Exchange of goods. When goods are traded and brought into a country from other countries, it is termed as import. Export means earning of foreign exchange by the country while imports involve use of foreign exchange. The difference between export and import of a country is termed as its balance of trade.

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