what is forighn trade
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Qᴜᴇsᴛɪᴏɴ :-
ᴡʜᴀᴛ ɪs ғᴏʀɪɢʜɴ ᴛʀᴀᴅᴇ??
ANSWER :-
Iɴᴛᴇʀɴᴀᴛɪᴏɴᴀʟ ᴛʀᴀᴅᴇ ɪs ᴛʜᴇ ᴇxᴄʜᴀɴɢᴇ ᴏғ ᴄᴀᴘɪᴛᴀʟ, ɢᴏᴏᴅs, ᴀɴᴅ sᴇʀᴠɪᴄᴇs ᴀᴄʀᴏss ɪɴᴛᴇʀɴᴀᴛɪᴏɴᴀʟ ʙᴏʀᴅᴇʀs ᴏʀ ᴛᴇʀʀɪᴛᴏʀɪᴇs ʙᴇᴄᴀᴜsᴇ ᴛʜᴇʀᴇ ɪs ᴀ ɴᴇᴇᴅ ᴏʀ ᴡᴀɴᴛ ᴏғ ɢᴏᴏᴅs ᴏʀ sᴇʀᴠɪᴄᴇs. Iɴ ᴍᴏsᴛ ᴄᴏᴜɴᴛʀɪᴇs, sᴜᴄʜ ᴛʀᴀᴅᴇ ʀᴇᴘʀᴇsᴇɴᴛs ᴀ sɪɢɴɪғɪᴄᴀɴᴛ sʜᴀʀᴇ ᴏғ ɢʀᴏss ᴅᴏᴍᴇsᴛɪᴄ ᴘʀᴏᴅᴜᴄᴛ.
ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs ....
Mᴀʀᴋ ᴍᴇ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ ❤❤
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Answer:
Foreign trade is the exchange of capital, goods, and services across international borders or territories.
Explanation:
Foreign trade is all about imports and exports. The backbone of any trade between nations is those products and services which are being traded to some other location outside a particular country's borders.
Types of Foreign Trade:
1. Import
2. Export
3. Re- export
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