1
Question
Define trade.
Open in App
Solution
Instructions:
- Briefly describe trade
Solution:
- Trade is an act of buying, selling, or exchanging goods and services.
- Trade decides the economic growth of a country.
- Trade can happen by bartering goods and services or by exchanging money.
- Types of trade:
- Domestic Trade: within the country.
- International Trade: between two or more countries.
- Domestic Trade refers to any trade that occurs between individuals or organisations within the country.
- International Trade refers to any trade that occurs between two or more countries.
- Briefly describe trade
- Trade is an act of buying, selling, or exchanging goods and services.
- Trade decides the economic growth of a country.
- Trade can happen by bartering goods and services or by exchanging money.
- Types of trade:
- Domestic Trade: within the country.
- International Trade: between two or more countries.
- Domestic Trade refers to any trade that occurs between individuals or organisations within the country.
- International Trade refers to any trade that occurs between two or more countries.
Suggest Corrections
4
Similar questions
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
