International trade in goods and services is sometimes used as a substitute for all of the following except ___________.

international movements of capital

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domestic production of different goods and services

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international movement of labour

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international movement of technology

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Solution

The correct option is D domestic production of different goods and services
International trade refers to buying and selling of goods and services in different countries. It involves international movement of capital, labour as well as technology but does not include domestic production of different goods and services.

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