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Meaning and type of internal trade
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Answer:
Types of Internal trade can be classified into two broad categories viz., (i) wholesale trade and (ii) retail trade.
Explanation:
Meaning of Internal Trade also known as Domestic Trade is the buying and selling of goods and services within the confines of the international boundaries of a nation. So while import and export are important for the economy of a nation, most of its GDP contribution comes from internal trade.
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