10th Class Social Science Lifelines of National Economy Question Bank Very Short Answer Type - Lifelines of National Economy

  • question_answer
    What is meant by trade? What is the difference between International and local trade?

    Answer:

    Trade refers to the exchange of goods between or among countries or within the country. Its two components are export and import. Local trade is the trade carried on within the country but international trade is trade carried on between two or more countries.


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