Question

What is meant by ‘Internal Trade’?

Answer 1

Answer:

Internal Trade also known as Domestic Trade is the buying and selling of goods and services within the confines of the international boundaries of a nation. So while import and export are important for the economy of a nation, most of its GDP contribution comes from internal trade

Answer 2

Answer:

Internal trade is also known as Domestic trade is a term used for the buying and selling of goods and services within the international boundaries of nation. The importance of internal trade in a country is that facilitates exchange of goods within the country. By doing this it also make sure that factors of production reach tk the right places so that the economy of country also increased......

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