Question

Write difference between Internal Trade and External Trade

Answer 1

Answer:

Trading inside India's borders is internaltrade, while trading outside the country is considered external or international trade. Both forms of trade provide advantages (such as having access to resources that may not otherwise be accessible) and disadvantages (such as depletion of natural resources).

Explanation:

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Answer 2

Answer:

Internal trade refers to the trade within the borders of the country. External Trade refers to the trade between two or more countries. External Trade involves the exchange of currencies between the nations which are involved in the trade.Jul 27, 2018