Social Sciences, asked by Ish171, 1 year ago

what is the difference between local trade and international trade? at least 5 points needed​

Answers

Answered by riya1131
1

local trade means the trade between two people,cities or states

but international trade means a trade between two countries

hope u understand

Answered by Sidyandex
1

Answer:

Both local and international trade impacts the GDP of the nation.

As the name itself indicates, international trade takes place between two countries and the local trade is limited within the boundaries.

International trade impacts the currency of the nation, whereas the local trade influences the local resources, and also generates employment.

Local trade allows the money to flow from one place to another but within the nation

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