Identify and explain the concept from the given illustration:
Maharashtra purchased wheat from Punjab.
Concept: Internal trade
- The buying and selling of goods and services within the boundaries of a nation are referred to as ‘Internal Trade’ or ‘Domestic Trade’ or ‘Home Trade’.
- Hence, this illustration relates to the concept of ‘internal trade’ as Maharashtra purchased wheat within the country i.e. Punjab.
Concept: Internal Trade
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