which trade involves buying and selling of goods and services within the boundaries of a nation? explain them
Answers
Answered by
12
Answer:
Internal trade: The trade that takes place within the national boundaries of a country is known as internal trade. Following are the two forms of internal trade: a) Wholesale trade: It refers to the buying and selling of goods in large quantities for the purpose of resale or intermediate usage.
Answered by
3
Answer:
Buying and selling of goods and services within the boundaries of a nation are referred to as internal trade. Characteristic of Internal Trade are Buying and selling takes place in home country, there payment made or received in-home country with few formalities to be fulfilled by traders.
Similar questions