Accountancy, asked by alishaahmed18, 1 year ago

differentiate between international trade and international business?


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Answers

Answered by ayush45474
17
International business includes all commercial transactions, private and governmental,between two or more countries. ...International trade refers to the exchange of goods and servicesbetween two or more countries or their nationals.

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Answered by vilnius
7

International trade and international business

Explanation:

International trade refers to the circulation and transaction of the good and the services between the nations. The trade deals with the export, import, and trade of goods, and services.

International business refers to the transactions and various other commercial activities. All the private and governmental commercial transactions among the various countries fall under international business.

Learn more:

Difference between international business and international trade​

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