Social Sciences, asked by avinsmallo6116, 10 months ago

What does the exchange of goods, i.e,purchase and sale, across geographical boundaries of the countries refers to?

Answers

Answered by priyankapandit223
5

This definition is of "international trade" .

Hope it helps u !!

Answered by lovingheart
3

The exchange of the goods across the geographical boundaries refers to the GDP rate of the nation.

Explanation:

  • GDP rate is one which defines the rate at which an international trade a nation has with other countries.
  • If the rate of exchange and selling of the goods with the other countries are higher, this means that the GDP rate is also higher.
  • The import and the export activities also refers to the purchase and sell of the products across the geographical boundaries.

To know more:

1) What is International trade?

https://brainly.in/question/4154600.

2) What is foreign trade

https://brainly.in/question/5222348

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