Question

India's internal and external trade were directly related to its growth and prosperity in times to come. Explain the statement with the help of an example. ​

Answer 1

Answer:

internal trade refers to import goods beyond the geographical bounfary of a country whereas external trade refers to exporting goods outside the country. both benefits the country if more export is there than import than more income comes in the country if more import is there than more resources come to the country thus both are related to growth and prosperity.