Question

Trade carried on within the domestic territory of a country is known as
trade
a) External b) Foreign c) Internal d) International

Answer 1

Trade carried on within the domestic territory of a country is known as Internal trade.

Therefore, the correct answer is "C".

There is no exchange of currency in the internal trade.

There is no restriction of movement for trade inside a country.

It involves low transportation costs and risks.

It depends on the roads, railways for the transportation of goods from one place to another.