Question

Explain the difference between interregional and international trade

Answer 1

Interregional trade refers to trade between regions within a country. ... International trade on the other hand, is trade between two nations or countries. A controversy has been going on among economists whether there is any difference between interregional or domestictrade and international trade.

Answer 2

Interregional trade is between political units and international trade is between national boundaries.

Explanation:

• The interregional trade refers to the trade within a region. Thus is called is interlocal or domestic trade. The international trade between two regions or nations.

• The international trade is a multi-currency unit. It is concerned with the exchange of goods and services. It forms an extension of domestic or internal trade. It consists of several barriers to entry.

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• brainly.in/question/7764810 answered by maniverma.