Question on: SS3 Economics - Distinction Between Domestic And International Trade

What is the main difference between domestic and international trade?

View related lesson
A

Domestic trade takes place within a country's borders, while international trade involves transactions between different countries

B

Domestic trade involves the exchange of goods and services within a region, while international trade involves transactions across continents

C

Domestic trade is subject to fewer regulations than international trade

 

D

Domestic trade is limited to physical marketplaces, while international trade is conducted exclusively online

Ask EduPadi AI for a detailed answer
Correct Option: A

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses