Meaning of Trade
Chapter 6: Chapter 6 · ECONOMICS · EN medium
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Meaning of Trade Trade is one of the powerful forces of economic integration. The term ‘trade’ means exchange of goods, wares or merchandise among people. Trade is of two types. They are: a) Internal Trade and b) International Trade. . . Internal Trade It refers to the exchange of goods and services within the political and geographical boundaries of a nation. It is a trade within a country. This is also known as ‘domestic trade’ or ‘home trade’ or ‘intra-regional trade’. International Economics
📖 Class 12 Economics English Medium 2024 Edition www.tntextbooks.in · Page 132
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Meaning of Trade Trade is one of the powerful forces of economic integration. The term ‘trade’ means exchange of goods, wares or merchandise among people. Trade is of two types. They are: a) Internal Trade and b) International Trade.
. . Internal Trade It refers to the exchange of goods and services within the political and geographical boundaries of a nation. It is a trade within a country.
This is also known as ‘domestic trade’ or ‘home trade’ or ‘intra-regional trade’. International Economics
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