Question

What is Internal Trade? Explain features.

Answer 1

Answer:

When buying and selling of goods and services takes place with in the geographical boundaries of the country it is referred to as internal trade.

FEATURES

1. The buying and selling of goods take place with in the boundaries of same country.

2. Payment for goods and services is made in the currency of home country.

3. It involves transactions between the producers, consumers and middle men.

Explanation:

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