domestic trade is the one which takes place within a country.It is free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country
A firm allocates its factors of production during the planning phase of the production process. This phase involves determining how to best utilize resources like land, labor, capital, and entrepreneurship to achieve production goals. Effective allocation is crucial for maximizing efficiency and achieving desired outputs. Once the allocation is decided, the firm can move on to the implementation and operational phases.
Money, political resources, and infrastructure are not considered economic factors of production. Money is considered to be a factor used in trade, mostly. Money is used to trade or sell or buy something and for production to move as well. It can be a huge factor that contribute to production but it mostly envelopes the trade industry.
Globalization links all countries in one way or another. It is therefore true that a breakdown in production or service delivery in one country may negatively impact the global economy. Insecurity is also an issue of global concern since people move from one country to another frequently.
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Some factors that encourage people to move to another country include better job opportunities, higher quality of life, access to education or healthcare, political instability or persecution in their home country, and the desire for a new experience or adventure.
Better weather and better lifestyle
domestic trade is the one which takes place within a country.It is free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country
The term for people who move permanently to another country is "immigrants."
Immigrants. If you move to another country, you emigrate.
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Migrating
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Move to another country ;)
No.
Enlist them.
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