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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in? - Commerce

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Question

When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in?

Short Note

Solution

Vikram of India sells cotton shirts to Amal of England. So he is engaged in Export trade. Export trade means the sale of domestic goods to foreign countries.

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Meaning of Trade
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Chapter 22: Types of Trade - Exercises [Page 221]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 22 Types of Trade
Exercises | Q II. 4. | Page 221
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