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Trade.
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∙ 10y ago
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What foreign trade means?
Foriegn trade means the act of buying and selling of good,it not within the state,but out side the country, that is import and export
What is trade within a country called?
Trade within a country is called internal trade.
What are internal tariffs?
a tax on goods that are traded within the home country (a tarriff is a tax on a good from foreign trade.) =)
What is meant by foreign trade?
It's basically when a country trades with another, or foreign, country.
What is meant by domestic trade?
Domestic trade is basically when countries trade or sell a good internally. This means that if a country produces a good (say wheat, for example) and only trades or sells this good within the boundaries of the country. Foreign trade is a country trading or selling their domestic goods with another country.
With which country has India got the maximum amount of foreign trade?
India has the maximum amount of foreign trade with China.
What have you learned about foreign direct investment and the political economy of trade?
foreign direct investment is that investment in which a foreign country invests in a host country.
Foreign trade is necessary for any country to survive?
Foreign trade is important but not necessary for a country to survive. Some countries can be self-sufficient, especially if they are not consumerist countries.
Is Foreign trade is necessary for any country to survive?
Foreign trade is not necessary for a country to survive. However, by entering into foreign trade pacts countries can have an easier time growing and thriving by gaining economical opportunities as well as obtaining products that are necessary.
What are the two kind of trade?
Kinds of Trade: 1. Home Trade: Trade done within the limited of the Country is called Home Trade or National Trade 2. Foreign Trade: Trade done between the two countries is called Foreign Trade or International Trade. The transactions in this type of trade are called Import Trade (if goods purchased from other country) and Export Trade (if goods sold to other country) Two Kinds of Trade: (Rhea P.) 1. Domestic Trade - local buying and selling of goods and services - does not involve the transfer of goods and services that cross national boundaries. 2. International Trade - uses foreign currencies - trades that cross national boundaries much higher risk in deterioration of the goods and products
What is another word for goods sent out of the country to another country?
There are a couple words that can be used instead of foreign trade. The word international trade can be used as well as exporting can be used for foreign trade.
What are the kinds of trading?
Kinds of Trade: 1. Home Trade: Trade done within the limited of the Country is called Home Trade or National Trade 2. Foreign Trade: Trade done between the two countries is called Foreign Trade or International Trade. The transactions in this type of trade are called Import Trade (if goods purchased from other country) and Export Trade (if goods sold to other country) Two Kinds of Trade: (Rhea P.) 1. Domestic Trade - local buying and selling of goods and services - does not involve the transfer of goods and services that cross national boundaries. 2. International Trade - uses foreign currencies - trades that cross national boundaries much higher risk in deterioration of the goods and products
