Question

What is external trade?

Answer 1

HEY MATE !!
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➡EXTERNAL TRADE is also known as Foreign Trade or International Trade. When buying and selling of goods take place across the national boundaries of different countries it is called External trade. It is also known as Foreign trade or International trade.
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Answer 2

$\mathbb{\red{\huge{Heya\:mate}}}$

$\boxed{Here\:is\:your\:@nswer}$

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$\mathfrak{\blue{Q.}}$What is external trade?

$\mathfrak{\blue{Ans.}}$ It is a type of trade in which exchange of goods and services are made beyond the geographical boundaries of a country.

$\mathfrak{\blue{Types\:of\:external\:trade\::-}}$

$\mathfrak{\orange{i.)\:}}$ Import
$\mathfrak{\orange{ii.)\:}}$ Export
$\mathfrak{\orange{iii.)\:}}$ Entrepot

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$\mathbb{\huge{\green{Hope\:it\:helps!!}}}$