Class 11 Business Studies Chapter 10 Internal Trade

Internal trade is defined as buying and selling of products and services within the geographical boundaries of a nation. So the trading happens within a country’s limit is known as internal trade.

In this trading, no import or custom duty is imposed because these goods and services are produced and consumed domestically. Internal trade are categorised into two different sections a) wholesale trade and b) retail trade.

Let us understand and get more insight into various phases of Internal Trade

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