Domestic business mostly deals in single currency whereas international business deals in multiple currencies.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
Domestic business is the kind of trade that is limited geographically within a country. A domestic business involves commercial exchanges that are only done within that country.

Suggest Corrections

Similar questions

Which capital deals with long-term strategic objectives of business?

What is international business? How is it different from domestic business?

Join BYJU'S Learning Program