What is meant by trade- What is the difference between international and trade-

Question

Toppr Admin · Accepted Answer

The exchange of goods among people- states and countries is referred to as a trade-xA0-Trade between two countries is called international trade-xA0-while trade occurring in a region within the same country is called local trade-

What is meant by trade? What is the difference between international and local trade?

The exchange of goods among people, states and countries is referred to as a trade.
Trade between two countries is called international trade, while trade occurring in a region within the same country is called local trade.

What is meant by trade? What is the difference between international and local trade?

The exchange of goods among people, states and countries is referred to as a trade. Trade between two countries is called international trade, while trade occurring in a region within the same country is called local trade.

The exchange of goods among people, states and countries is referred to as a trade.
Trade between two countries is called international trade, while trade occurring in a region within the same country is called local trade.