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प्रश्न
Distinguish between Internal trade and International trade.
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उत्तर
| Sr. No. | Basis | Internal trade | International trade |
| 1. | Meaning | Internal trade refers to the buying and selling of goods within the geographical limits of a country. | International trade refers to the buying and selling of goods beyond the geographical limits of a country. |
| 2. | Countries Involved | Internal trade is involved in only one country. | International trade has involved a minimum of two countries. |
| 3. | Currency | Payments are made and received in-home currency only. | Payment is made and received in mutually agreed foreign currency only. |
| 4. | Risk | Internal trade is involved in a lesser degree of risk. | International trade is involved a high degree of risk, such as transit risk, risk of fluctuation of currency and demand, etc. |
| 5. | Government Restrictions | Internal trade is not restricted, except for a few goods. | International trade is strictly monitored by the government, and prior approval is required before international transactions. |
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संबंधित प्रश्न
Identify and explain the concept from the given illustration:
Maharashtra purchased wheat from Punjab.
Answer in one sentence
What do you mean by internal trade?
Correct the underlined word and rewrite the following sentence:
When the trade activities are conducted between two or more countries, it is called as internal trade.
Buying and selling of goods and services within the boundaries of a nation are referred to as ______.
Identify & explain the concept from the given illustration.
Tamil Nadu purchases wheat from Punjab and Uttar Pradesh.
Complete the correlation:
Trade between India and Iran : International trade : : Trade between Maharashtra and Madhya Pradesh : ______
Identify and explain the concept from the given illustration:
Maharashtra sold mangoes to Himachal Pradesh.
Explain the concept of internal trade.
Which of the following is the correct definition of internal trade?
Which type of internal trade involves selling goods directly to consumers in small quantities?
In the standard channel of distribution for internal trade, what is the correct sequence of goods movement?
Which of the following is a major importance of internal trade?
What does a wholesaler do in the distribution channel?
