Question on: SS1 Commerce - Relationship among the different types of trade.
What is the relationship between home trade and foreign trade?
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A
Home trade supports the domestic economy, while foreign trade involves exchange between different countries.
B
Home trade and foreign trade are the same concepts and can be used interchangeably.
C
Home trade focuses on the import of goods, while foreign trade focuses on the export of goods.
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Correct Option: A
Home trade supports the domestic economy, while foreign trade involves exchange between different countries.
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