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Difference between international business and domestic …

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Difference between international business and domestic business.

Posted by Neha Sharma 4 years ago

CBSE > Class 11 > Business Studies

2 answers

Harshita Dhariwal 3 years, 11 months ago

International business The business that takes place between two or more countries Domestic business The business that takes place within the same country

Himanshu Kumar 4 years ago

Trade refers to the exchange of goods and services for money, which can be undertaken within the geographical limits of the countries or beyond the boundaries. The trade which takes place within the geographical boundaries of the country is called domestic business, whereas trade which occurs between two countries internationally, is called international business. Entities engaged in international business often face more difficulties than the entities which conduct domestic business. Although international business enjoys large customer base as they operate in multiple countries. Here is an article which compiles the important differences between domestic and international business.

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