1. What is internal trade?
2. What are some of the advantages of internal trade?
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Solution
Instructions:
Provide the meaning of internal trade.
Mention the advantages of internal trade.
Solution:
Internal Trade
The buying and selling of goods within the boundaries of a nation is called internal trade. Hence, internal trade is also known as domestic trade.
Advantages of internal trade.
The development of internal trade has led to the improvement of connectivity in the country. Fresh produce from one state is now easily available in other parts of the country.
Many opportunities for employment become available.
Overall, it has helped improve the progress of the country.