Question

What is advantages of internal trade?

Answer 1

1. It provide a foundation for international growth.
2. International trade improves financial performance.
3. It spreads out the risk a brand and business must assume.
4. International trade encourages market competitiveness.
5. International exchange rates can be beneficial to a business.

Answer 2

if the good for a product is in ample quantity in one state are exported to the another state and the good produced in other state are imported into our state is internal trade the advantage of the internal trade is if more quantity of anything is there then it is supplied to one and another state internally for example Punjab produces more weight so it exports to other state but Punjab does not have sea coast so it does not produce Salt so Punjab get Salt from Gujarat there is no scarcity of anything if there is internal trade the economic development is also the internal that things which are grown in ample quantity can supply to other state as well as in foreign countries India exports many things for example iron ore minerals engineering goods cycles and saving machines cars rail coaches India also exports leather goods cotton textile fish and its product handicraft tea coffee jute and its product and readymade clothes to the foreign countries this things are also supplied where there is a scarcity of the goods Sudhir is vice versa in internal trade