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Differentiate between internal trade and international …

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Differentiate between internal trade and international trade

    • Posted by Abhijith Marc 5 years, 8 months ago

    CBSE > Class 11 > Business Studies
    • 1 answers

    Yogita Ingle 5 years, 8 months ago

    Internal trade International trade
    Internal trade refers to the trade within the borders of the country. International trade refers to the trade between two or more countries.
    There is no exchange of currencies takes place in the Internal Trade because there is a same currency in the country International trade involves the exchange of currencies between the nations which are involved in the trade.
    Internal Trade generally has fewer transportation costs and risks to transfer the goods. International trade involves very high transportation costs and risky situations to transfer goods from one country to another

     

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