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प्रश्न
Distinguish Between
Internal trade and Foreign trade
उत्तर
| Sr. No. | Internal trade | International trade |
| 1. | Internal Trade refers to trade within the boundaries of a nation. | International trade refers to trade between different countries. |
| 2. | It is also known as ‘Domestic Trade’ or ‘Home Trade’. | It is also known as ‘Foreign Trade’ or ‘External Trade’. |
| 3. | E.g.: Goods produced in Maharashtra are sold to Uttar Pradesh. | E.g.: India imports petroleum from Iraq and exports tea to Singapore. |
| 4 | It does not result in inflow or outflow of foreign exchange. | It results in inflow or outflow of foreign exchange. |
APPEARS IN
संबंधित प्रश्न
Explain the concept of foreign trade and its types.
State with reason whether you agree or disagree with the following statement:
Trade is an engine of growth for an economy.
State with reason whether you agree or disagree with the following statement:
During British rule, indigenous handicrafts suffered a severe blow.
Identify and explain the concept from the given illustration:
Japan sells smartphones to Myanmar.
Purchase of goods and services by one country from another country −
Find the odd word
Types of foreign trade -
Assertion (A): Trade is an engine of growth for an economy.
Reasoning (R): Trade plays an important role for economic development.
Identify & explain the concept from the given illustration.
Alfonso mangoes from Maharashtra are sold in the international market.
Explain the types of foreign trade
