define internal trade with different definitions
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define internal trade with different definitions
define internal trade with different definitions
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Answer:
Internal Trade also known as Domestic Trade is the buying and selling of goods and services within the confines of the international boundaries of a nation. So while import and export are important for the economy of a nation, most of its GDP contribution comes from internal trade.
Explanation:
You know that the goods produced in a country may be sold within the country or outside the country. When buying and selling of goods and services takes place within the geographical boundaries of a country, it is referred to as internal trade.
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