what is the example of local trade & international trade
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Foreign Trade involves the transfer of goods from one country to the other country. The seller and buyer of the goods are from different countries. Domestic trade or the local trade happens when this business is conducted inside of a country's borders.
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When trade takesbetween states, cities or villages within a city, it is known as local trade. Whentrade takes place between two countries, it is known as international trade. Local trade does not impact the value of the national currency.
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