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What is the relationship between home trade and... - SS1 Commerce Relationship among the different types of trade. Question

What is the relationship between home trade and foreign trade?

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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