Question

II. Write short notes on the following.
Sri Sathya
1. Home trade
2. Foreign Trade​

Answer 1

Answer:

. Write short notes on the following.

Sri Sathya

1. Home trade

2. Foreign Trade

Answer 2

Answer:

Explanation:

Home trade

Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. ... The importance of domestic trade in a country is that it facilitates exchange of goods within the country.

Foreign Trade​

Foreign trade is all about imports and exports. The backbone of any trade between nations is those products and services which are being traded to some other location outside a particular country's borders. Some nations are adept at producing certain products at a cost-effective price.