Question

long note on characteristics of trade​

Answer 1

Answer:

1.Territorial specialization: International trade takes place basically due to geographical specialisation.

2.International competition

3 Separation of sellers from buyers

4.Long chain of middlemen

5.Mutually acceptable currency

6.International rules and regulations

7.Government control

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Answer 2

❤Aɳʂɯҽɾ❤

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【So importing of foreign goods for export purposes is known as entrepot trade. Characteristics of International Trade: (i) Separation of Buyers and Producers: In inland trade producers and buyers are from the same country but in foreign trade they belong to different countries】

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