Business Studies, asked by genarohinton729, 10 months ago

What are the characteristics of international trade?

Answers

Answered by cutieash40
5

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

International competition

Separation of sellers from buyers

Long chain of middlemen

Mutually acceptable currency

International rules and regulations

Government control

Several documents

Answered by Ashhall
7

Answer:

International trade is characterised by the following features:

1. Territorial specialization

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

8. Several documents

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