Question

Differentiate domestic trade with foreign trade in one point?

Answer 1

Answer:

There is no exchange of currencies takes place in the Home trade because there is a same currency in the country. ... Home Trade generally has fewer transportation costs and risks to transfer the goods. Foreign Trade involves very high transportation costs and risky situations to transfer goods from one country to another.

Explanation:

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Answer 2

Explanation:

1. foreign trade is trade that takes place between two or more countries
2. domestic trade is trade that happens withinthe boundries of the country